MCL Land

In Bangsar · completed 1999

What we found

In September 2025 Sunway Group agreed to buy MCL Land, the Singapore and Malaysia residential development business of Hongkong Land Holdings, for RM2.4 billion.

The evidence

Corporate continuity

Positive

Sunway Bhd agreed to buy MCL Land, Hongkong Land's Singapore and Malaysia homebuilding arm, for up to S$738.7mil (RM2.42bil) through Sunway Labuan Investment Ltd. Sunway takes over its Wangsa Maju and Seremban landbank and Wangsa Walk Mall.

2 more findings

Sunway told Bursa Malaysia it had secured a term loan of up to S$600 million (about RM1.95 billion) to pay for buying Hongkong Land (MCL) Holdings Ltd.
After the purchase, Sunway renamed MCL Land's Singapore operations Sunway MCL and appointed former MCL Land COO Lee Tong Voon as CEO of Sunway MCL.

Their buildings

Bintang PantaiBangsar · 1999low-density freehold condominium completed in 1999 with 45 units ranging 2,598–8,301 sq ft. Held for investment by developer MCL Land and available only for rental. Facilities include swimming pool, wading pool, tennis and squash courts, gymnasium, and barbeque pit.7.4Good