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KUALA LUMPUR (July 3): Titijaya Land Bhd (KL:TITIJYA) is gearing up for a commercial development in Likas, Kota Kinabalu, alongside ongoing progress on its purpose-built student accommodation project near Universiti Malaysia Sabah.
The group also anticipates positive growth at the Citadines Waterfront Kota Kinabalu hotel, which recently contributed a full year of operations in the financial year ended June 30, 2025, with steady occupancy and improving operational margins.
In a press statement issued on Friday, Titijaya managing director Datuk Lim Poh Yit said he remains confident in Sabah's long-term growth prospects.
“We have recently secured several strategic land acquisitions that will strengthen our development pipeline and support future project launches, including our upcoming commercial development in Likas," he noted.
He added that Sabah continues to benefit from improving infrastructure, increasing tourist arrivals and growing business activities, creating strong demand for quality residential, commercial and hospitality developments. These trends provide attractive opportunities for sustainable real estate investment.
"Beyond property development, our objective is to contribute to Sabah's socio-economic development by creating employment opportunities, supporting commercial and tourism activities, and promoting sustainable urban growth," Lim said.
Among its ongoing developments in Sabah is The Shore, a mixed-use commercial hub featuring 396 serviced units within Citadines Waterfront Kota Kinabalu.
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