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Cheras TOD Project Boosted by RM9.1 Million Subcontract Award for New Serviced Apartments

By ExFunCity · 9 Jul 2026

AIZO Bags RM9.1M Cheras TOD Project Infrastructure Contract

TL;DR — AIZO Group Bhd secures a RM9.09 million infrastructure subcontract for a new high-density Transit-Oriented Development (TOD) featuring 2,796 serviced apartments in Cheras.

massive-mixed-residential-project-to-deliver-over-2-700-unitCheras TOD Project Boosted by RM9.1 Million Subcontract Award for New Serviced Apartments

Infrastructure Pipeline Strengthened via New Subcontract Award

Bursa Malaysia-listed civil engineering firm AIZO Group Berhad has successfully bolstered its local construction order book after securing a key infrastructure sub-contract valued at RM9.09 million. The contract focuses on critical road and drainage engineering works for an upcoming high-density Transit-Oriented Development (TOD) located in Cheras, Selangor.

The sub-contract was officially awarded to the group's wholly owned subsidiary, AIZO Construction Sdn Bhd, by Xense Design Sdn Bhd. Xense Design is acting on behalf of the project's primary developer, Esan Juta Sdn Bhd. This administrative breakthrough ensures that foundational infrastructure alignment can proceed immediately to prepare the site for main vertical construction phases.

Massive Mixed Residential Project to Deliver Over 2,700 Units

According to official regulatory filings submitted to the local stock exchange on July 9, 2026, the underlying Cheras TOD project is a major urban development project. Located at Lot 33925 within Mukim Cheras in the Hulu Langat district, the finished development will comprise three blocks of modern serviced apartments containing a total of 2,796 residential units alongside dedicated commercial and ancillary facilities.

AIZO's specialized operational scope outlines the complete management, excavation, and structural laying of local road networks and public drainage corridors. These heavy engineering components are vital to establish direct site accessibility, prevent environmental runoff, and guarantee long-term operational functionality for the high-density neighborhood.

infrastructure-pipeline-strengthened-via-new-subcontract-awaClear Timelines Position Project for Financial Year 2027 Earnings

The contractual agreement specifies that on-site infrastructure deployment formally commenced backward from June 18, 2026. Engineering crews are scheduled to operate continuously over a multi-month timeline, with the final target completion date set for August 17, 2027.

Management has explicitly stated that the commercial values generated throughout the progress billing stages will yield positive asset and revenue contributions. These milestones will directly reflect across the group's consolidated books for the financial year ending June 30, 2027.

Key Facts

[H2] Corporate Transition Aligns with National Urban Connectivity Goals

The newly bagged Cheras TOD project Aizo deal represents steady strategic momentum for the organization, which recently rebranded from its former corporate identity to signal an expanded focus on high-yield public infrastructure and sustainable engineering projects.

Executive Director Ahmad Rahizal Datuk Ahmad Rasidi noted that while underground drainage and surface road works are structurally less visible to retail buyers, they remain foundational to the successful handover of complex transit-linked assets. Moving deeper into the year, the group intends to aggressively pursue commercially viable opportunities that mesh with national targets for urban regeneration, public transit density, and green building guidelines.

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