OSK marks 55 years of legacy and growth in property development

You City III facade

KUALA LUMPUR, 2 JUNE 2020 – OSK Group celebrates its 55th anniversary in property development with the launch of 55x Rewards campaign, offering all Malaysians extra rewards from 1 June to 31 December 2020. This year marks an important milestone for OSK as the Group celebrates 55 years of legacy and growth in the property industry. Established as a small stockbroking firm in 1963, OSK Group has now transformed into a conglomerate with diversified businesses in property development and investment, financial services, construction, manufacturing and hospitality

A leading home-grown brand

Yarra Park Westfield

In 1965, OSK first ventured into the property development business under the name of PJ Development Holdings (PJD). With its first project in Kulai, Johor, OSK Property has since built and delivered close to 40,000 homes from more than 55 projects in Malaysia, as well as abroad in Australia. Today, OSK is one of the leading top property developers with multi award-winning projects; building sustainable communities and developing the nation by creating positive changes and enhancing the lives of the communities they serve.

Coming from a long history, OSK Property constantly adopts a forward-thinking approach and continuously raising the benchmark in every project. Harnessing our deep experience in property development, our strength in construction, and our expertise manufacturing building materials, we are able to synergise our resources while optimising our cost to deliver quality products at affordable prices. As such, OSK Property continues to retain a nimble balance sheet over the years, including our strong performance in Q4 2019. This was made possible through an effective and systematic approach in executing our strategic plans in the organisation.

Committed to delivering quality products in a timely and cost-effective manner, OSK Property has introduced the Property-Construction model in 2018, an initiative to seamlessly integrate the Property and Construction divisions. Since then, OSK Property has raised its benchmark in the quality of its projects as demonstrated by significant increases in QLASSIC scores in projects such as Luminari, Butterworth; Windmill Upon Hills, Genting Permai and TimurBay achieving quality scores of high 70s to 80.

Introducing Essential Homes in new launches

“Moving forward, our focus is shifted towards building “Essential Homes” that are affordably priced at strategic locations. Essential Homes are what we defined as developments that are focusing on the fundamental requirements with selected key facilities while maintaining balance of greenery and sustainable features. As affordability remains the key focus in homeownership today, OSK Property will continue to focus more on the buyer’s market to ease homeownership especially for first time home buyers,” said Ong Ghee Bin, Chief Executive Officer, OSK Property.

“In line with this, we will be incorporating this product in our future launches in Melawati, Sentul and Rubica in Butterworth. That aside, plans are also underway at our recently purchased land in Bandar Bukit Puchong whereby OSK Property is looking at a total of four phases within the 27.77-acre masterplan of 5 phases within the 15-acre masterplan which will be revealed in due time,” he added.

OSK Property will continue to market its on-going projects including Ryan & Miho, Petaling Jaya, You City III, Cheras (Transit-oriented Development) and Melbourne Square, Australia. Meanwhile, its existing township in Yarra Park, Sungai Petani will continue to expand with the launch of two new phases this year including Semi-D and single-storey terraced homes – Westfield and Northfield. Finally, the new township in Iringan Bayu, Seremban will be revealing two more phases in view of the encouraging take-up rate from its previous launches. Iringan Bayu is also set to launch the 22-acre Wetland Park which will open to public this year.

A 55th Anniversary celebration for all Malaysian

In celebration of its 55th anniversary, OSK rewards all Malaysians with 55x Rewards, great homeownership deals and exclusive gifts. Homebuyers can now own their dream home from OSK Property with only a booking fee of RM55* and stand a chance to win a share of RM355,000 including a Grand Prize Draw of RM55,000!

Participating projects include Iringan Bayu, YOU CITY III, Ryan & Miho and Yarra Park, Sg. Petani. On top of that, each project will be also be running special value-added packages* to enable easy home ownership such as zero entry packages, free SPA, loan legal fee, electrical appliances and many more.

Refer & Win

Got friends? Win a share of RM350,000 even if you’re not looking for a home yet! Each friend referred increase the chances of winning. No strings attached, no purchase required.

For more information, please visit www.oskproperty.com.my/osk55deals

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