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Joint Venture
Opportunities

We believe the best results come from strong partnerships. By combining our expertise, resources, and shared vision, we create housing solutions that deliver lasting value for communities and investors alike.

1

Development Focus

  • Specializing in landed residential projects.

  • Open to Joint Ventures and land purchases (below RM10mil).

  • Non-Malay Reserve Land: Purchase or JV.

  • Malay Reserve Land: JV only.

2

Land Requirements

  • Suitable for terrace, townhouse, and other landed homes.

  • Any tenure: leasehold, freehold, Malay reserve, Bumi lot.

  • Good accessibility near existing housing or commercial areas.

3

Market Criteria

Location of the land with the market price range of:

  • Single-storey terrace:
    above RM240k.

  • Double-storey terrace:
    below RM600k.

Our Partnership Criteria

Location Priorities & Referral Fees

Top Priority Locations:

  • Selangor (2 – 50 acres)

  • Negeri Sembilan (2 – 50 acres)

  • Perak (2 – 30 acres)

Medium Priority Locations:

  • Johor (20 – 50 acres)

  • Kedah (2 – 30 acres)

  • Penang (2 – 50 acres)

Preferred Land Size& Locations
Introducer Incentives
  • We offer an introducer fee of 1% - 3% over the landowner price (percentage subject to deal structure).

  • This fee rewards those who connect us with suitable land opportunities.

Joint Venture Model
& Landowner Returns

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Landowner’s Return

Total return will be 30%–40% above current fair land value.

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Return Options

Landowners may choose returns in cash, units, or a combination.

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Assurance to Landowners

No land charges for financing; developer uses own working capital funds.

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Payment Terms

Payment is spread over 36 months, with 12 months allocated for authority approvals and 24 months for construction completion.

(Applies to projects below 200 units)

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Initial Payment

Upon agreement signing, initial payment will be 2%–3% above the landowner’s return (subject to deal structure).

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Payment Schedule

Cash portion paid progressively during the payment term.

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Unit portion (title transfer) paid upon project completion (CCC).

No.1-03-01, Jalan Ahmad Nor,

Pusat Perdagangan Nova,

11600 Jelutong, Penang.

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+604 282 8809

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Joint Venture Inquiries

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© 2025 by the First Home Builder Sdn Bhd.

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