KUALA LUMPUR (Sept 30): Selangor Dredging Bhd (KL:SDRED) (SDB) announced that DaMai, its latest residential development in Taman Melawati, Selangor, has achieved an 80% take-up rate since its launch in July 2025.

Positioned as a “landed mid-rise” concept, DaMai features a 17-storey block comprising 306 units, ranging from 2,056 to 5,038 sq ft. Each residence comes with up to six parking bays right at the doorstep, offering a unique landed-style convenience in a vertical living environment.

👉 Learn more about the project on [MyRumahBaru here].

“The encouraging response to DaMai affirms our focus on creating developments that are distinctive, sustainable and relevant for today’s lifestyles. As SDB’s most innovative development to date, DaMai reflects our willingness to set new benchmarks in the property sector and to continually push boundaries by redefining how people live,” said SDB managing director Teh Lip Kim.

Other ongoing projects

SDB’s other projects, 19Trees in Taman Melawati and Jia in Taman Bukit Serdang, are fully sold and expected to be completed by the end of 2025.
The developer is also preparing to launch Senai, a 209-unit lakeside link-villa development in Taman Putra Perdana, Puchong, by year-end. Designed as a gated and guarded community, Senai’s three-storey villas aim to offer families a blend of nature-inspired living and modern amenities.
Teh added:

“Senai is conceived as a lakeside development that redefines landed living by blending innovation, lifestyle and value. Its three-storey link-villas are thoughtfully crafted to harmonise with the natural surroundings, offering residents an environment that is both serene and inspiring.”

Explore more upcoming and ongoing new launches across Malaysia on [MyRumahBaru].

Financial performance

For FY2025 (ended March 31), SDB posted:

Pre-tax profit: RM29.71 million
Turnover: RM375.95 million
Net profit: RM21.92 million
Unbilled sales: RM105.88 million
Net asset backing: RM2.06 per share

Its hospitality arm, Hotel Maya Kuala Lumpur, generated RM21.63 million in revenue for FY2025, supported by domestic tourism, inbound arrivals from China, and stable pre-purchase room contracts.

Shareholders also approved a single-tier final dividend of three sen per share.

FAQ

Q: What is Selangor Dredging’s latest project in Taman Melawati?
A: The latest project is DaMai, a landed mid-rise concept comprising a 17-storey block with 306 units ranging from 2,056 to 5,038 sq ft.

Q: How many units of DaMai have been taken up?
A: As of September 2025, 80% of the units have been taken up since its launch in July 2025.

Q: What makes DaMai unique compared to other high-rises?
A: DaMai offers a landed-living feel with spacious units and up to six parking bays located right at each unit’s doorstep.

Q: Where can I get more details about DaMai?
A: You can find full project information on [MyRumahBaru here].

Q: What other projects does SDB currently have?
A: SDB has 19Trees in Taman Melawati and Jia in Taman Bukit Serdang, both fully sold and due for completion by end-2025.

Q: What upcoming project is SDB launching in Puchong?
A: SDB is launching Senai, a 209-unit lakeside link-villa development in Taman Putra Perdana, Puchong, by end-2025.