JRK Group (JRK Holdings Berhad)
JRK Group is a Klang Valley developer, not yet listed, with 3 housing projects in the KPKT register under three group companies: 2 completed and 1 under construction, none classed Sick or Abandoned. Its holding company, JRK Holdings Berhad, is seeking a listing on Bursa Malaysia's ACE Market; the founder started out in construction.
- 3 projects in the KPKT register
- 2 completed
- 1 under construction
- None Sick or Abandoned
Has JRK Group handed over on time? What the KPKT register shows
KPKT's TEDUH register (as at 27 Oct 2026) lists 3 housing projects under 3 JRK Group companies in 2 states: 2 completed, 1 under construction. None is classed Sick (Sakit) or Abandoned (Terbengkalai).
Of the 2 completed projects, 2 have both a handover deadline and a completion date in the register: 1 handed over on or before the deadline (the extended deadline where KPKT approved an extension); 1 handed over or certified complete after that deadline (1 of these were under construction during the 18 Mar–31 Aug 2020 movement control period, which the law excludes from the deadline†).
2 projects had the delivery period extended with KPKT approval.
Completed projects — most recent first
| Project (KPKT name) | Area | Units | Handover deadline | CCC / handover | Against deadline |
|---|---|---|---|---|---|
| JRK CONVENAKPKT 20006-1JRK Convena · on PropertySifu | Kuala LumpurWP Kuala Lumpur | 332 | 31 May 2025Extended 12 months from 31 May 20241st sale agreement 31 May 2021 | CCC 28 Jan 2025 Handover 7 Feb 2025 | 113 days before |
| JRK SENESTAKPKT 19905-1 | Hulu LangatSelangor | 110 | 27 Jul 20231st sale agreement 27 Jul 2020 | CCC 14 Feb 2024 Handover 20 Feb 2024 | 208 days after † |
Under construction
| Project (KPKT name) | Area | Units | KPKT status | Handover deadline | Progress |
|---|---|---|---|---|---|
| PANGSAPURI CELESTIAKPKT 30889-1JRK Celestia · on PropertySifuMarketed as JRK Celestia, Puchong. KPKT records an approved 4-month extension of the construction period (36 to 40 months); no first sale agreement date is registered yet, so no handover deadline is shown.[7] | Selangor | 216 | SmoothOn schedule | —Extended 4 months (date not registered) | 20% |
† Section 35 of the Temporary Measures for Reducing the Impact of COVID-19 Act 2020 (Act 829) excludes 18 March–31 August 2020 from the time for delivering vacant possession. The register does not show whether a deadline already reflects this.
Deadlines are counted from each project's first sale agreement, as KPKT records them; buyers who signed later have later deadlines. CCC = Certificate of Completion and Compliance; CFO = Certificate of Fitness for Occupation.
JRK Group at a glance
| Listed | Not listed — JRK Holdings Berhad is seeking a listing on Bursa Malaysia's ACE Market (draft prospectus reported January 2026)[2][3] |
|---|---|
| Started | November 2014, by Jerry Kwan Aik Khai; holding company JRK Holdings Berhad incorporated in 2018[3][1] |
| Head office | Cheras, Selangor[8] |
| Leadership | Dato' Sri Jerry Kwan Aik Khai — Founder and Managing Director[4] Datuk Mohd Yusof bin Alwi — Independent Non-Executive Chairman[9] |
| Companies in the KPKT register | JRK ASSET SDN. BHD. KPKT 19905[1][5] TWINWOOD DEVELOPMENT SDN. BHD. KPKT 20006[6][1] JRK LAND SDN. BHD. KPKT 30889[7] |
| Website | jrkgroup.com.my |
| Completed projects (company count) | 3 in the company's count: JRK Senesta and JRK Convena (housing, in the KPKT register) and JRK Delta (commercial shop lots, not in the register); combined GDV RM337.62 million (reported January 2026)[2][1] |
| Listing plan | Proposed listing on Bursa Malaysia's ACE Market; Kenanga Investment Bank is principal adviser and sponsor (reported January 2026)[2] |
| Holding company | JRK Holdings Berhad, incorporated in 2018 as the investment holding company for the group's property development business[1] |
JRK Group projects on sale on PropertySifu
Who is JRK Group? The company behind the projects
JRK was founded in November 2014 by Jerry Kwan Aik Khai, who started out in the construction industry [3]. By the company's account, he set up JRK Construction and JRK Development in 2014, and JRK Holdings Berhad was incorporated in 2018 as the investment holding company for the group's property development business [4][1]. Dato' Sri Jerry Kwan Aik Khai is founder and managing director, and Datuk Mohd Yusof bin Alwi is independent non-executive chairman [4][9]. The group's office is in Cheras, Selangor [8].
Its first residential project, JRK Senesta in Semenyih, was launched in 2020 and received its CCC in February 2024 [1]; KPKT registers it under JRK Asset Sdn Bhd. JRK Convena in Bukit Jalil, a single 35-storey tower of 332 units on a 1.61-acre freehold site, was completed in January 2025 [6]; KPKT registers it under Twinwood Development Sdn Bhd. JRK Celestia in Puchong, 216 units on 2.17 acres of leasehold land [7], is under construction by JRK Land Sdn Bhd.
In January 2026, The Edge reported that JRK Holdings Berhad was seeking a listing on Bursa Malaysia's ACE Market, with Kenanga Investment Bank as principal adviser and sponsor [2]; in March 2026 the listing was still targeted for that year, subject to regulatory approvals [3]. The company counts three completed projects — JRK Senesta, JRK Convena and JRK Delta — with a combined gross development value of RM337.62 million [2]. JRK Delta is a commercial shop-lot project in PJ South [1], so the KPKT housing register shows two completed JRK projects.
Frequently asked questions
Is JRK a listed company?
How many projects has JRK completed?
Does JRK have any Sick or Abandoned projects?
No. As at 27 October 2026, the KPKT register classes none of the 3 JRK projects as Sick (Sakit) or Abandoned (Terbengkalai); JRK Celestia is recorded as on schedule (Lancar).
Which company developed JRK Convena, and was it handed over on time?
Twinwood Development Sdn Bhd (KPKT developer code 20006). KPKT records the first sale agreement on 31 May 2021 and a deadline of 31 May 2024, extended with approval by 12 months to 31 May 2025. The CCC is dated 28 January 2025 and vacant possession 7 February 2025, 113 days before the extended deadline.
Was JRK Senesta handed over on time?
KPKT registers JRK Senesta under JRK Asset Sdn Bhd (19905-1, 110 units). The first sale agreement was signed on 27 July 2020 and the deadline was 27 July 2023, with no approved extension. The CCC is dated 14 February 2024 and vacant possession 20 February 2024, 208 days after that deadline. The construction period overlapped 18 March–31 August 2020, which section 35 of Act 829 excludes from handover deadlines; the register does not show whether the deadline already reflects it.
Which company develops JRK Celestia?
JRK Land Sdn Bhd (KPKT developer code 30889). KPKT registers the project as Pangsapuri Celestia (30889-1, 216 units, 17 storeys), on schedule (Lancar) with reported progress of 20%. The register shows the construction period amended from 36 to 40 months, an approved 4-month extension, but no first sale agreement date yet, so no handover deadline is listed.
Sources and how we checked
- Housing project records: KPKT TEDUH register (teduh.kpkt.gov.my), data as at 27 Oct 2026. Sumber: TEDUH, KPKT — used under the Government Open Data Terms of Use 1.0.
- [1] Milestones · JRK Holdings Berhad · accessed 28 Oct 2026
https://jrkgroup.com.my/milestones/ - [2] Property developer JRK Holdings seeks ACE Market listing · The Edge Malaysia · 19 Jan 2026 · accessed 28 Oct 2026
https://theedgemalaysia.com/node/789719 - [3] JRK charts next phase of growth (City & Country) · The Edge Malaysia · 16 Mar 2026 · accessed 28 Oct 2026
https://theedgemalaysia.com/node/796337 - [4] Our Founder · JRK Holdings Berhad · accessed 28 Oct 2026
https://jrkgroup.com.my/our-founder/ - [5] Our Developments · JRK Holdings Berhad · accessed 28 Oct 2026
https://jrkgroup.com.my/our-developments/ - [6] JRK Convena, Bukit Jalil — project page · JRK Holdings Berhad · accessed 28 Oct 2026
https://jrkgroup.com.my/jrkconvena/ - [7] JRK Celestia, Puchong — project page · JRK Holdings Berhad · accessed 28 Oct 2026
https://jrkgroup.com.my/jrkcelestia/ - [8] Contact us · JRK Holdings Berhad · accessed 28 Oct 2026
https://jrkgroup.com.my/contact-us/ - [9] JRK Group — homepage (board and leadership) · JRK Holdings Berhad · accessed 28 Oct 2026
https://www.jrkgroup.com.my/
Last updated 28 Oct 2026