Pangsapuri Saujana Indah reaches structural milestone with 988 units sold

JOHOR, 13 AUGUST 2026 —

Pangsapuri Saujana Indah Achieves Structural Milestone in Johor Bahru

The topping-out ceremony, held on 6 August 2026, signifies the completion of the main structural works for the two 37-storey residential towers. Tower A comprises 393 units, while Tower B includes 595 units, with built-up areas ranging from 590 sq ft to 863 sq ft. The project carries an estimated gross development value of RM437 million and represents MGB’s first high-rise development in Johor and its inaugural project in Johor Bahru.

Designed for modern urban living, Pangsapuri Saujana Indah offers a range of amenities, including a swimming pool, children’s playground, multipurpose hall, surau, barbecue station, fitness zone, gymnasium, and an outdoor recreational park with a running track.

Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San, Group Executive Chairman of MGB Berhad, highlighted the collaborative effort behind the milestone. “The completion of the main structural works reflects the commitment, discipline, and close collaboration of our project team and stakeholders,” he said. “This achievement brings us closer to delivering the homes we have promised to purchasers.”

Since its launch in 2023, Pangsapuri Saujana Indah has achieved full take-up, with all 988 units sold. The strong response underscores market confidence in the development’s strategic location, practical layouts, comprehensive facilities, and value proposition.

MGB remains focused on maintaining high standards of quality, safety, and workmanship as it progresses toward timely completion. The Group is committed to ensuring efficient and responsible execution of remaining works for homeowners.

Malaysia Market Impact The completion of Pangsapuri Saujana Indah’s structural frame signals progress in Johor Bahru’s residential sector, particularly in high-rise developments. The project’s full unit absorption reflects strong demand in the Johor property market, which has seen sustained interest from both local and foreign buyers.

As Johor continues to develop as a key economic hub, high-rise residential projects like Pangsapuri Saujana Indah play a role in addressing housing needs while supporting urbanisation trends. The project’s integration of modern amenities and efficient construction methods, including Industrialised Building System (IBS) precast concrete, aligns with industry shifts toward sustainable and scalable development practices.

Sector and Company Specifics MGB Berhad, a subsidiary of LBS Bina Group Berhad, specialises in construction, property development, and IBS precast concrete manufacturing. The completion of Pangsapuri Saujana Indah marks a strategic expansion for the Group into Johor’s high-rise residential market.

The project’s success, with all units sold within three years of launch, demonstrates MGB’s ability to deliver value-driven developments in competitive markets. The use of IBS technology in construction highlights the Group’s commitment to efficiency and quality, aligning with national initiatives to promote industrialised construction methods.

Outlook With the structural frame complete, Pangsapuri Saujana Indah is on track for timely completion, reinforcing MGB’s position in Johor’s property sector. The project’s strong sales performance suggests continued confidence in Johor Bahru’s residential market, particularly for well-located, amenity-rich developments.

As Johor’s urban landscape evolves, high-rise residential projects like Pangsapuri Saujana Indah are expected to play a key role in meeting housing demand while supporting broader economic growth in the region. MGB’s focus on quality and efficiency positions it well for future high-rise developments in Malaysia.

Related: Johor