MGB Bhd’s RM194.72 Million Cameron Highlands Project – A Boost for the Highland Property Market

MGB Bhd’s latest property development in Cameron Highlands is set to reshape the real estate landscape in Tanah Rata, with a RM194.72 million mixed-use project comprising a two-storey fast-food restaurant and a 22-storey serviced apartment.

The project, awarded by Casa Inspirasi Sdn Bhd, will begin on February 17, 2025, and take 28 months to complete. With this contract, MGB’s outstanding order book now stands at RM1.27 billion, reinforcing the company’s strong presence in Malaysia’s construction sector.

How This Project Impacts the Cameron Highlands Property Market

1. Increased Demand for High-Rise Residential Units

Cameron Highlands has traditionally been known for its landed properties and boutique hotels, but the introduction of a 22-storey serviced apartment signals a shift towards modern, high-rise living in the area.

2. Commercial Growth with the Fast-Food Development

The inclusion of a two-storey fast-food restaurant highlights the growing commercial potential of Tanah Rata. This will likely attract more businesses, eateries, and retail outlets, enhancing the area’s convenience and livability.

Why this matters:

Increased commercial activity boosts foot traffic and property demand.
More dining and shopping options increase the attractiveness of residential properties.
Investors can expect strong rental yields from both commercial and residential spaces.

As Tanah Rata continues to develop, expect to see more branded F&B chains and retail brands setting up in the area, making it a more vibrant property market.

3. Property Prices Set to Appreciate

With limited land for development in Cameron Highlands, new projects naturally drive up property prices. As MGB’s high-rise project introduces modern living spaces, property values in the surrounding area are expected to appreciate over the next few years.

Key factors driving appreciation:
✅ Tourism demand – More visitors mean higher demand for short-term rental properties.
✅ Improved infrastructure – New developments attract government and private investments in roads and public amenities.
✅ Premium lifestyle appeal – Modern developments with better facilities increase overall market desirability.

For homebuyers and investors, now could be the best time to consider property purchases in Cameron Highlands before prices rise further.

Cameron Highlands – A Growing Investment Hotspot?

Cameron Highlands is evolving from a quiet hill station to a modern tourism and property hub. Developers like MGB Bhd are bringing new high-rise living options, while commercial projects drive more investment interest.

Best areas for property investment in Cameron Highlands:
📍 Tanah Rata – The central hub, offering strong rental demand and tourism appeal.
📍 Brinchang – Popular for commercial activities and weekend tourists.
📍 Ringlet – Emerging area with potential for future development.

With MGB’s project set for completion in 2027, investors who enter the market now could benefit from capital appreciation and rising rental demand.

Final Thoughts – A Positive Outlook for Cameron Highlands’ Property Market

The RM194.72 million development by MGB Bhd is a major milestone for Cameron Highlands, introducing a new level of urban living in Tanah Rata. This project not only enhances residential and commercial property demand but also adds long-term value to the region.

For investors and homebuyers, Cameron Highlands presents a unique opportunity, balancing modern developments with natural beauty, making it an ideal destination for both lifestyle and investment purposes.

🚀 Now is the time to explore property investment in Cameron Highlands before prices rise further!