Company Profile

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Farlim Group (Malaysia) Bhd was incorporated in Malaysia on 12 March, 1982 under the Companies Act, 1965 as a private limited company under the name of Perumahan Farlim (Malaysia) Sdn. Bhd. We assumed our present name on 24 October, 1994 and embraced our status as a public limited company on 25 October, 1994. We were listed on Bursa Malaysia Securities Berhad (formerly known as Kuala Lumpur Stock Exchange) on 26 July 1995.

Farlim Group (Malaysia) Bhd was incorporated in Malaysia on 12 March, 1982 under the Companies Act, 1965 as a private limited company under the name of Perumahan Farlim (Malaysia) Sdn. Bhd. We assumed our present name on 24 October, 1994 and embraced our status as a public limited company on 25 October, 1994. We were listed on Bursa Malaysia Securities Berhad (formerly known as Kuala Lumpur Stock Exchange) on 26 July 1995.

Our Business

Farlim is principally involved in property development while our subsidiaries are involved in property development, investment holding, marketing and distribution of building materials.

Our Business

Farlim is principally involved in property development while our subsidiaries are involved in property development, investment holding, marketing and distribution of building materials

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Awards & Certifications

Farlim is also a Class A Registered Contractor with the Pusat Khidmat Kontraktor (PKK) as well as a CIDB G7 Registered Contractor which allows us to undertake contracts with no limit to the contract sum. Farlim has been conferred with three awards in recognition for its exemplary work:

The Prime Minister’s 1990 Quality Award

The 1992 Malaysian Institute of Planners “Excellence in Urban Planning” Award

 Champion for the 2011 Jabatan Kerja Raya Contractors Excellence Award.

Our Work
  • The main thrust of Farlim’s activities is the development of a new township known as Bandar Baru Ayer Itam on the island of Penang. The township is located in a targeted growth area, 5km from Georgetown. It represents the single largest development undertaken by a private sector developer on the island, covering 356 acres and comprising approximately 13,000 residential and commercial units.
  • Bandar Baru Ayer Itam is being rapidly transformed into a fully-integrated township which comprised a commercial centre offering various services like hypermarket, banks, pharmacies, clinics, restaurants, post office, petrol kiosk, kindergartens, police stations and many others. The development in the Bandar Baru Ayer Itam township is expected to be completed by the year 2026.
  • Total number of units sold to date is 13,108 units with a total sales value of RM1.30 billion.
  • Farlim has designed and built apartments for the Royal Malaysian Police within Bandar Baru Ayer Itam. The project was the first under the government’s crash housing programme in 1990 that was contracted to the private sector and covered 980 units of three bedroom apartments, one police station, three community halls and suraus in addition to other community facilities. The project was completed in 1992 with a total sales value of RM61.25 million.
  • Farlim had been awarded contracts by the Public Works Department from the Malaysian Government for the following projects:-
  •  Construction of Sekolah Menengah Kebangsaan Bandar Baru Ayer Itam, Pulau Pinang comprising of two blocks of four-storey administrative/school building and two blocks of four-storey science laboratory/school buildings. The total contract sum for the completion of the school is RM7.86 million.
  •   Designed and built a six-storey Klinik Kesihatan in Daerah Timur laut, Bandar Baru Ayer Itam, Pulau Pinang. The total contract sum for the completion of the Klinik Kesihatan is RM26.36 million.
  • In 2018, Farlim commenced construction of quality homes at affordable pricing on its land bank of 92.74 acres in Mukim Bidor, Daerah Batang Padang, Perak. The current township development known as Taman Impiana Bidor, is a seven-phased mixed development project and it is a well-connected township in Bidor, Perak.
  • The Company had delivered vacant possession for Phase 1 in Taman Impiana Bidor, Perak comprising of 80 units of 1-storey medium cost terrace houses and 22 units of affordable 2-storey houses in 2020, Phase 5A of 15 units 2-storey shophouses in 2021, Phase 2A and Phase 3A comprising 80 units of 1-storey medium cost terrace houses in 2022 and Phase 3B and Phase 3C comprising 99 units of 1-storey medium cost houses in April 2023. The latest new development, Phase 4A comprising 78 units of 1-storey terrace houses was launched in March 2023 and construction works are in progress.
  • In 2021, Farlim had also completed a low density U10 Subang Impian residential project comprising 20 units of 2-storey terrace houses and 12 units of 3-storey terrace houses at Bukit Cherakah, Shah Alam, Selangor.
  • Within the Group’s existing Bandar Baru Air Itam (BBAI) township in Penang, building plans for several landed properties had been obtained. To-date, 2 units of 2-storey semi-detached houses have been completed and now pending issuance of Certificate of Completion and Compliance which is expected to be obtained in the 3rd quarter of 2023.
  • In the 3rd quarter of 2022, a residential project in Saujana Impian Kajang, Selangor offering a total of 23 units of 2-storey terrace houses was launched. Construction works are in progress.
  • Property Development Projects in the pipeline :-
    • A wholly-owned subsidiary of the Group had obtained the re-phasing plan approval from the authorities for the proposed development of the 96.8 acres of development land in Mukim Teja, Daerah Kampar, Perak. Barring any unforeseen circumstances and upon approval of all other relevant plans from the authorities, the Group planned to embark on a new township development in Gopeng, Perak in 2023/2024, with initial development of Phase 1A comprising 104 units of 1-storey terrace houses with a gross development value of RM20.2 million and Phase 1B comprising 67 units of 1-storey terrace houses with a gross development value of RM13.0 million. The balance of approximately 1,000 units of mixed development will be launched in subsequent phases.
    • Another wholly-owned subsidiary of the Group had obtained approval from Lembaga Perumahan Dan Hartanah Selangor on 27 September 2022 for proposed development of 437 units of Selangorku Harapan apartments and shoplots in Saujana Impian, Kajang, Selangor. Planning Permission application to the Majlis Perbandaran Kajang has been submitted.
    • Revised planning permission for the development of 48 units condominium in Bandar Baru Air Itam, Penang has been obtained. In line with the prevailing property sector outlook and products demand, the Company is currently revising the existing development and configurations with a view of further maximizing the project economics.
    • In addition to the above, Farlim currently has 200.08 acres of development lands in Kerteh, Kemaman, Terengganu.