Homelore

Faber

Mostly in Taman Desa and Kuchai Lama · completed 1994

Now trading as UEM Edgenta Berhad

Also known as Faber Group Berhad, Faber Group

How their buildings read

1 poor, 4 fair

Outcomes still vary building by building. Check the building, not the brochure.

What we found

Faber Development Holdings Sdn Bhd (198301012219 / 107612-D) is a UEM Edgenta group entity based at Level 3A, Menara UEM, Bangsar South.

In Faber Union Sdn Bhd v Chew Nyat Shong & Anor [1995] 2 MLJ 597, a case over late delivery of vacant possession, the Supreme Court decided against the developer. It held that liquidated damages for the late delivery run from the date the purchaser paid the booking fee, not the later S&P date. The Federal Court upheld this ruling in PJD Regency (2021).

The evidence

Handover

Negative

  • Faber Union Sdn Bhd failed to complete a property within 36 calendar months as stipulated in the sale and purchase agreement, and the purchaser sued for liquidated damages.

Corporate continuity

  • Faber Group Bhd, a 70 percent owned subsidiary of UEM Group Bhd, received its shareholders' approval to change its name to UEM Edgenta Bhd.

2 more findings

  • UEM Edgenta shareholders approved a proposed selective capital reduction and repayment exercise, with disinterested shareholders holding 97.09 percent of disinterested shares voting in favour. This paved the way for the company's delisting from the Main Market of Bursa Malaysia, expected to complete in early July 2026.

  • UEM Group Bhd, a wholly owned unit of Khazanah Nasional Bhd, moved in 2025 to take UEM Edgenta private, when it owned 69.14 percent of the company.

Their buildings

Casa Desa: A curved, turquoise fountain pool featuring active water jets and surrounded by manicured hedges and a white walkway.Casa DesaTaman Desa and Kuchai Lama6.6FairDanau Impian: The facade of a multi-story residential tower featuring white and reddish-pink exterior walls, with a row of parked cars at the ground level and trees in the foreground.Danau ImpianTaman Desa and Kuchai Lama6.2FairDanau Murni: The entrance signage wall and grounds of the Danau Murni condominium, including a private property warning sign and the guardhouse.Danau MurniTaman Desa and Kuchai LamaParking may be an issue due to the high density of nearby residential blocks.5.7PoorFaber Ria: A low-angle view of high-rise residential towers and a pink concrete car park block.Faber RiaTaman Desa and Kuchai Lama6.6FairFajaria Condominium: the peaked-roof blocks against the skyFajaria CondominiumBangsar · 1994Fajaria Condominium is an older freehold low-rise complex located near Kerinchi LRT with basic facilities including swimming pool and gym.6.5Fair