Frasers Property and Tan & Tan forge strategic partnership to develop 5.15-hectare master-planned site in Petaling Jaya

Frasers Property and Tan & Tan forge strategic partnership to develop 5.15-hectare master-planned site in Petaling Jaya

 Strategically located in Section 13, Petaling Jaya, the project is significant to the area’s ongoing urban
rejuvenation as a thriving residential, commercial and lifestyle destination
 The site, known as PJ Quarter, will be jointly developed in two phases, with the first phase comprising a vibrant mix of residential and retail components

SINGAPORE AND KUALA LUMPUR, 21 AUGUST 2026

Frasers Property Limited (“Frasers Property”, and together with its subsidiaries, the “Group”) and Tan & Tan Developments Berhad (“Tan & Tan”) announced today that they have signed an agreement to jointly develop a prime 5.15-hectare site in Section 13 of Petaling Jaya, Malaysia. Known as PJ Quarter, the large- scale, mixed-use master-planned precinct is envisioned to be a vibrant, pedestrian-friendly lifestyle destination that will anchor and accelerate the ongoing rejuvenation of Section 13.

Located in a well-established and highly sought-after residential enclave, the site benefits from a strong catchment of nearby offices, amenities and lifestyle offerings. With equal stakes in the joint venture1, Frasers Property and Tan & Tan will develop the site, about the size of seven football fields, in two phases.

The first phase will offer residential developments alongside retail space and a park, thoughtfully designed to foster community interaction and lifestyle convenience. The residential developments, designed to cater to families and working professionals, are expected to be launched for sale next year.

The retail component will be planned as a low‐rise, open‐air lifestyle destination, anchored by the park and integrated with community and public spaces. Designed to support walkability and everyday social interaction, it will be set within landscaped surroundings and planned green links, contributing to a vibrant, community‐oriented environment within the neighbourhood.

Ms Soon Su Lin, Chief Executive Officer of Frasers Property Singapore, said: “We are pleased to embark on our first collaboration with Tan & Tan, a well-established Malaysian developer, through PJ Quarter. As an iconic master-planned precinct, the development is set to play a pivotal role in the ongoing rejuvenation of Section 13, Petaling Jaya. Drawing on our combined experiences in large-scale, mixed-use developments, we aim to set a new benchmark for vibrant urban living in the area. It represents a meaningful step in growing our development portfolio, through a disciplined, partnership-led strategy, focused on creating value for the long term.”

Mr Tan Yee Seng, CEO of Tan & Tan, said: “We are pleased to work with Frasers Property, a well-
established international real estate leader, to deliver a landmark development in Petaling Jaya. The site will benefit from the government’s efforts to rejuvenate Section 13 into an even more liveable and vibrant hub with green connectors and pedestrian-friendly infrastructure. We look forward to introducing novel retail experiences to the community, complemented by an upscale residential development designed to appeal
to a broad spectrum of homebuyers.”

The site is surrounded by a wide array of educational, healthcare, retail and lifestyle amenities. Two of Malaysia’s most established universities, Universiti Malaya and International Islamic University Malaysia, are within a one-kilometre radius, while healthcare facilities such as Columbia Asia Hospital, ReGen Rehab Hospital, Tun Hussein Onn Hospital and Universiti Malaya Medical Centre are in the vicinity.

The site is a short drive from several retail and recreational destinations, including 3 Damansara, Jaya Shopping Centre, Digital Mall, Jaya One, Retail @ Pacific as well as the renowned Mid Valley Megamall and The Gardens Mall, both of which are owned and operated by IGB REIT, an affiliate of Tan & Tan.

With prominent triple-frontage at a key intersection of Jalan Kemajuan and Jalan Profesor Diraja Ungku Aziz, the mixed-use development offers excellent connectivity to the Greater Klang Valley via major highways such as the Federal Highway and SPRINT Expressway. It is also near the Phileo Damansara MRT station, Asia Jaya LRT station and the upcoming UM station on MRT Line 3.

Section 13, Petaling Jaya, is transforming into a vibrant residential and commercial hub. Enabled by long‐term rezoning and redevelopment initiatives, the area is revitalising with the introduction of contemporary residential developments alongside offices, retail and lifestyle‐led offerings, reshaping its character and appeal. It is evolving into a dynamic live‐work‐play destination, attracting businesses and a growing community of residents seeking city living with strong connectivity and accessibility 2.

1 Fraser & Neave Holdings Bhd is divesting its 50% equity interest in the joint venture company which owns the 5.15-hectare site in Petaling Jaya, Malaysia, to Tan & Tan, while Frasers Property will continue to retain its existing 50% interest stake in it.

— end of media release —

Stay updated at all time for free. Sign up for daily investment news updates (FREE since Nov 2013 and FOREVER). 

Please LIKE kopiandproperty.com FB page to get daily updates about the property market beyond kopiandproperty.com articles.