KEB (KEB Berhad)
KEB Berhad is a property developer based in Bandar Mahkota Cheras, Selangor, not yet listed but planning a Bursa Malaysia ACE Market listing on 16 November 2026, with 13 housing projects in the KPKT register under five KEB companies: 10 completed, 2 under construction and 1 not yet started, none classed Sick, Abandoned or Late.
- 13 projects in the KPKT register
- 10 completed
- 2 under construction
- 1 not yet started
- None Sick or Abandoned
Has KEB handed over on time? What the KPKT register shows
KPKT's TEDUH register (as at 27 Oct 2026) lists 13 housing projects under 5 KEB companies in 3 states: 10 completed, 2 under construction, 1 not yet started. None is classed Sick (Sakit) or Abandoned (Terbengkalai).
Of the 10 completed projects, 10 have both a handover deadline and a completion date in the register: 4 handed over on or before the deadline (the extended deadline where KPKT approved an extension); 1 handed over or certified complete after that deadline; 5 received the completion certificate before the deadline (handover date not recorded).
6 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 |
|---|---|---|---|---|---|
| RESIDENSI BUKIT PALMA 3KPKT 19070-3Residence Bukit Palma 3 · on PropertySifu | Hulu LangatSelangor | 260 | 5 Jan 20261st sale agreement 5 Jan 2023 | CFO 19 Aug 2025 Handover 28 Aug 2025 | 130 days before |
| RESIDENSI KESUMA 1KPKT 20042-1 | Hulu LangatSelangor | 473 | 17 Aug 2024Extended 5 months from 17 Mar 20241st sale agreement 17 Mar 2021 | CCC 28 Jun 2024 | CCC before deadline; handover not recorded |
| RESIDENSI BUKIT IDAMANKPKT 14413-2 | Hulu LangatSelangor | 246 | 4 Jun 2024Extended 5 months from 4 Jan 20241st sale agreement 4 Jan 2021 | CCC 14 May 2024 Handover 27 May 2024 | 8 days before |
| TAMAN BUKIT CERANAKPKT 19470-3 | SerembanNegeri Sembilan | 74 | 8 Mar 20261st sale agreement 8 Mar 2023 | CCC 20 Nov 2023 Handover 5 Dec 2023 | 824 days before |
| TAMAN BUKIT CERANAKPKT 19470-2 | SerembanNegeri Sembilan | 36 | 16 Nov 20231st sale agreement 16 Nov 2021 | CCC 20 Nov 2023 Handover 21 Nov 2023 | 5 days after |
| NETIZEN RESIDENSIKPKT 14130-1 | Hulu LangatSelangor | 1,198 | 4 Jan 2024Extended 23 months from 4 Feb 20221st sale agreement 4 Feb 2019 | CCC 9 Feb 2023 Handover 17 Feb 2023 | 321 days before |
| RESIDENSI BUKIT PALMA 2KPKT 19070-2 | Hulu LangatSelangor | 297 | 3 Oct 2021Extended 6 months from 3 Apr 20211st sale agreement 3 Apr 2018 | CCC 16 Feb 2021 | CCC before deadline; handover not recorded |
| KEB LAND SDN BHDKPKT 19070-1 | Hulu LangatSelangor | 297 | 1 Feb 2021Extended 6 months from 1 Aug 20201st sale agreement 1 Aug 2017 | CCC 16 Jul 2020 | CCC before deadline; handover not recorded |
| TAMAN BUKIT CERANAKPKT 19470-1 | SerembanNegeri Sembilan | 44 | 8 Oct 20201st sale agreement 8 Oct 2018 | CCC 23 Dec 2019 | CCC before deadline; handover not recorded |
| SURIA MEWAH RESIDENSIKPKT 14413-1 | Hulu LangatSelangor | 198 | 1 Aug 20191st sale agreement 1 Aug 2016 | CCC 2 Oct 2018 | CCC before deadline; handover not recorded |
Under construction (2) and not yet started (1)
| Project (KPKT name) | Area | Units | KPKT status | Handover deadline | Progress |
|---|---|---|---|---|---|
| RESIDENSI COVE@KOTA SYAHBANDARKPKT 14413-3 | Melaka TengahMelaka | 1,948 | SmoothOn schedule | 6 Jan 2028Extended 12 months from 6 Jan 20271st sale agreement 6 Jan 2024 | 82% |
| RESIDENSI PALMA ELITKPKT 19070-4 | Hulu LangatSelangor | 232 | SmoothOn schedule | 9 May 20281st sale agreement 9 May 2025 | 75% |
| RESIDENSI EMBUN PALMAKPKT 19070-5 | Hulu LangatSelangor | 349 | Not startedNot started | — | 0% |
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.
KEB at a glance
| Listed | Not listed yet — KEB Berhad launched its prospectus on 23 October 2026 for a planned Bursa Malaysia ACE Market listing on 16 November 2026[3] |
|---|---|
| Started | KEB Group was founded in 1994 as an infrastructure contractor; the listing company KEB Berhad was incorporated on 6 October 2023[5][2] |
| Head office | Bandar Mahkota Cheras, Selangor[6] |
| Leadership | Datuk Lim Kim Chong (Datuk K.C. Lim) — Founder and managing director[2][3] Tan Sri Ahmad Tajuddin — Independent non-executive chairman[3] Vinson Lim — Executive director[4] |
| Companies in the KPKT register | KEB LAND SDN. BHD. KPKT 19070[1] KEB PROPERTIES SDN. BHD. KPKT 14413[5][1] KEB NETIZEN SDN. BHD. KPKT 14130[1][5] KEB RESIDENCE SDN. BHD. KPKT 20042[1] KEB RESOURCES SDN. BHD. KPKT 19470[1] |
| Website | keb.my |
| Scale (company figure) | 14 completed property projects (residential, industrial, commercial and mixed-use) with a combined gross development value of about RM1.35 billion, and two ongoing worth about RM773.3 million (reported January 2026)[4] |
| Land bank (company figure) | About 29.77 acres in Cheras, Kajang, Semenyih and Melaka (reported January 2026)[4] |
| Construction | In-house, through subsidiary KEB Utama Sdn Bhd, a CIDB Grade G7 contractor[3] |
| Listing plan | Prospectus launched 23 October 2026: 138.54 million new shares at 35 sen each; ACE Market listing planned for 16 November 2026[3] |
KEB projects on sale on PropertySifu
Residence Bukit Palma 3
- RESIDENSI BUKIT IDAMAN — 2.5 km, 2024
- NETIZEN RESIDENSI — 4.5 km, 2023
Who is KEB? The company behind the projects
KEB Group was founded in 1994 as an infrastructure contractor and later moved into oil and gas; a 2015 report says it began developing property in 2006 through KEB Properties, and that its early developments were mostly industrial [5]. Reporting on its 2026 listing, The Star put its entry into property development at 2004 [3]. Its office is in Bandar Mahkota Cheras, Selangor [6].
The listing company, KEB Berhad, was incorporated on 6 October 2023 and became a public company on 23 December 2025 [2]. It launched its prospectus on 23 October 2026, offering 138.54 million new shares at 35 sen each to raise RM48.49 million for the company, ahead of a planned listing on Bursa Malaysia's ACE Market on 16 November 2026 [3]. Construction is done in-house by its subsidiary KEB Utama Sdn Bhd, a CIDB Grade G7 contractor [3].
According to a January 2026 report on its draft prospectus, KEB has completed 14 projects — residential, industrial, commercial and mixed-use — with a combined gross development value of about RM1.35 billion, has two ongoing developments worth about RM773.3 million and holds about 29.77 acres of land in Cheras, Kajang, Semenyih and Melaka [4]. Those are company figures for all its property; the KPKT register above covers only projects licensed as housing.
Residence Bukit Palma 3, the KEB project on PropertySifu, is registered with KPKT as Residensi Bukit Palma 3 (19070-3) under KEB Land Sdn Bhd, which also registered Residensi Bukit Palma 2 and Residensi Palma Elit; KEB lists all three among its own developments [1]. KEB is led by its founder and managing director, Datuk Lim Kim Chong [2][3], with his son Vinson Lim as an executive director [4] and Tan Sri Ahmad Tajuddin as independent non-executive chairman [3].
Frequently asked questions
Is KEB a listed company?
Not yet. KEB Berhad launched its prospectus on 23 October 2026 and plans to list on Bursa Malaysia's ACE Market on 16 November 2026, offering 138.54 million new shares at 35 sen each [3]. The KEB companies registered with KPKT are private limited companies (Sdn Bhd).
Has Residence Bukit Palma 3 been completed and handed over?
Yes. KPKT registers it as Residensi Bukit Palma 3 (19070-3) under KEB Land Sdn Bhd, 260 units in a 12-storey block, and records it as completed (Siap Dengan CFO): the completion certificate is dated 19 August 2025 and vacant possession 28 August 2025, 130 days before its deadline of 5 January 2026 under the first sale agreement (5 January 2023), with no extension.
Does KEB have any Sick, Abandoned or Late projects?
No. As at 27 October 2026, none of the 13 projects under the five KEB companies is classed Sick (Sakit), Abandoned (Terbengkalai) or Late (Lewat). Six of them had their delivery period extended with KPKT approval, by 5 to 23 months.
Has KEB handed over its completed projects on time?
All 10 completed projects have both a deadline and a completion date in the KPKT register. Four were handed over on or before the deadline (the extended deadline where KPKT approved one); five received the completion certificate before the deadline, with no handover date recorded; one, Taman Bukit Cerana 19470-2 in Seremban, was handed over on 21 November 2023, 5 days after its deadline of 16 November 2023.
Which KEB projects are under construction?
Two, both classed on schedule (Lancar) by KPKT: Residensi Palma Elit (19070-4, 232 units in Hulu Langat, reported progress 75%, deadline 9 May 2028) and Residensi Cove @ Kota Syahbandar in Melaka (14413-3, 1,948 serviced apartments, 82.5%, deadline extended by 12 months to 6 January 2028). A third registered project, Residensi Embun Palma (19070-5, 349 units), has not started.
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] KEB — Our development (project list) · KEB Berhad · accessed 28 Oct 2026
https://keb.my/our-development/ - [2] KEB — About us · KEB Berhad · accessed 28 Oct 2026
https://keb.my/about-us/ - [3] KEB to raise RM48.49mil from ACE Market IPO · The Star · 23 Oct 2026 · accessed 28 Oct 2026
https://www.thestar.com.my/business/business-news/2026/10/23/keb-to-raise-rm4849mil-from-ace-market-ipo - [4] Property developer KEB seeks ACE Market listing · The Edge Malaysia · 9 Jan 2026 · accessed 28 Oct 2026
https://theedgemalaysia.com/node/788706 - [5] KEB steps out of its comfort zone · EdgeProp.my (The Edge) · 12 Sep 2015 · accessed 28 Oct 2026
https://api.edgeprop.my/content/keb-steps-out-its-comfort-zone - [6] KEB — Contact us · KEB Berhad · accessed 28 Oct 2026
https://keb.my/contact-us/
Last updated 28 Oct 2026