Homelore

UDA

Mostly in Bangsar · completed 2008 to 2024

Trades as UDA Holdings Berhad

Also known as UDA Holdings Bhd, UDA Holdings
All 3 namesUDA Holdings Bhd, UDA Holdings, UDA Holdings Berhad, through UDA Land (North) Sdn Bhd

How their buildings read

4 fair, 2 good

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

What we found

Construction of Sinaran TTDI only started in April 2009, with completion then expected by April 2011. A buyer who had bought nearly three years earlier was worried because nothing was happening on site, and hoped there would be no more delays.

The evidence

Delivery

Negative

  • In December 2025, UDA Holdings had completed 700 of 1,402 affordable housing units in Kuala Lumpur, comprising 206 units at Legasi Kampong Bharu and 494 units at Residensi Akasia Jubilee, with a further 702 units at Residensi Akasia Raya under construction and expected to complete in 2029.

One more finding

  • Sinaran TTDI was at the tail end of construction and the developer expected vacant possession in June 2011.

Regulatory and legal

Negative

  • UDA Holdings Bhd was the plaintiff in UDA Holdings Bhd v Bisraya Constructions Sdn Bhd [2015] 11 MLJ 499, a High Court case in which UDA argued that its contractors' CIPAA adjudication claims fell outside the Act because CIPAA did not apply retrospectively; this was a payment dispute with contractors, not a buyer claim.

One more finding

  • The Auditor-General's Report 2019 Series 1 found that UDA Holdings Berhad's management of its Bukit Bintang Plaza joint venture was less efficient, leaving it to bear RM25.21 million in costs and a RM118.34 million loss of revenue.

Corporate continuity

  • UDA Holdings Bhd was delisted from Bursa Malaysia to become a wholly owned subsidiary of Khazanah Nasional Bhd, and was later transferred to the Ministry of Finance.

2 more findings

  • Parliament approved a motion to convert the remaining RM165.28 million government loan to UDA Holdings Bhd into ordinary shares; UDA is a wholly owned subsidiary of MoF Inc.

  • UDA Holdings Bhd was delisted from Bursa Malaysia and became a wholly owned subsidiary of Khazanah Nasional, was then transferred to the Ministry of Finance in 2007, and was placed under MEDAC in 2018.

Independent recognition

Positive

  • At the StarProperty Awards 2022, UDA Holdings was one of four developers that each won four awards, for Anggun Residence, Crescent Dew Lakehomes and Gravitas, and it was among 18 recipients of the All-Stars Award.

One more finding

  • At the StarProperty Real Estate Developer Awards 2024, UDA Holdings Bhd was named one of the Top 5 non-listed companies.

Their buildings

Angkasa Impian 2: A low-angle view of two white residential towers, Angkasa Impian 2, with wavy balconies, framed by lush green trees and a Malaysian flag in the foreground.Angkasa Impian 2Bukit Bintang6.9FairGaya Bangsar: Night-time city skyline view from a high-rise unit, showing surrounding towers, streets, and cityscape in the distanceGaya BangsarBangsar · 2008An amazing place to live: close to the LRT, upscale and peaceful, though rent is expensive compared with other areas.6.8FairOBD Garden Tower: Aerial view of a swimming pool surrounded by paved decking, lounge chairs, and palm trees.OBD Garden TowerTaman Desa and Kuchai LamaThe condominium is popular among Japanese expatriates.7.2GoodResidensi 38 Bangsar: The whole tower rising above its podium, seen from the streetResidensi 38 BangsarBangsar · 2024Parking access is provided by a single ramp for entering and a single ramp for exiting the building.6.0FairSinaran TTDI: Aerial view of a tall white residential tower with a low-rise podium and pool, surrounded by suburban houses and a train lineSinaran TTDITTDI · 2011The location is very convenient and central, with supermarkets, shops, banks and restaurants close by, so there is no need to drive around.7.5GoodThe Brezza: A view of the high-rise residential towers at The Brezza, framed by palm trees in the foreground under a cloudy sky.The BrezzaTanjung Tokong6.8Fair