Farlim Group (M) Sdn Bhd

About Farlim Group (M) Sdn Bhd

Farlim Group (Malaysia) Bhd was incorporated in Malaysia on 12 March, 1982 under the Companies Act, 1965 as a private limited company under the name of Perumahan Farlim (Malaysia) Sdn. Bhd. We assumed our present name on 24 October, 1994 and embraced our status as a public limited company on 25 October, 1994. We were listed on Bursa Malaysia Securities Berhad (formerly known as Kuala Lumpur Stock Exchange) on 26 July 1995. 

Farlim is principally involved in property development while our subsidiaries are involved in property development, investment holding, marketing and distribution of building materials. 

Farlim is also a Class A Registered Contractor with the Pusat Khidmat Kontraktor (PKK) as well as a CIDB G7 Registered Contractor which allows us to undertake contracts with no limit to the contract sum. Farlim obtained a Ministry of Finance certificate in 2009 as Activities on Stationery, Office Equipment, Communications and Public Service Facilities. 

The main thrust of Farlim's activities is the development of a new township known as Bandar Baru Ayer Itam on the island of Penang. The township is located in a targeted growth area, three miles from Georgetown. It represents the single largest development undertaken by a private sector developer on the island, covering 356 acres and comprising approximately 13,000 residential and commercial units. 

Bandar Baru Ayer Itam is being rapidly transformed into a fully-integrated township which comprised a commercial centre offering various services like hypermarket, banks, pharmacies, clinics, restaurants, post office, petrol kiosk, kindergartens, police stations and many others. The development in the Bandar Baru Ayer Itam township is expected to be completed by the year 2015. 

To date, we have launched 13,046 units of residential and commercial properties in Bandar Baru Ayer Itam. Total number of units sold to date is 13,045 units with a total sales value of RM1.141 billion. 

Farlim had been awarded a contract by the Public Works Department from the Malaysian Government to construct Sekolah Menengah Kebangsaan Bandar Baru Air Itam, Pulau Pinang comprising of two blocks of four-storey administrative / school buildings and two blocks of four-storey science laboratory / school buildings. The total contract sum for the completion of the school is RM7.650 million. 

Farlim has designed and built apartments for the Royal Malaysian Police within Bandar Baru Ayer Itam. The project was the first under the government's crash housing programme in 1990 that was contracted to the private sector and covered 980 units of three bedroom apartments, one police station, three community halls and suraus in addition to other community facilities. The project was completed in 1992 with a total sales value of RM61.25 million.



Total 2 Properties

Sri Kristal 's cover picture
Developed By Farlim Group (M) Sdn Bhd
  6 Photos
Apartment
This project was completed 15 years ago
Residential . Leasehold
850 SQ. FT - 886 SQ. FT
Launch Price : RM185,000 - RM200,000
Subsale Price : From RM430,000
Rental Price : From RM1,300 / Average Yield: (2.81)%
44 For Sale   |   9 For Rent   |   View property info     |   View reviews
View Court's cover picture
Developed By Farlim Group (M) Sdn Bhd
  4 Photos
Apartment
This project was completed 11 years ago
Residential . Leasehold
1,259 SQ. FT - 1,302 SQ. FT
Launch Price : From RM400,000
Subsale Price : From RM618,000
3 For Sale   |   1 For Rent   |   View property info     |   View reviews

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