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YTL Corporation's residential property development activities are undertaken through 64%-owned YTL Land & Development Berhad, which is listed on the Bursa Malaysia Main Board (Stock Code: 2577, Bloomberg: YTLLMK) with a Market Capitalisation of about RM 320 million (USD 78.62 million).
YTL Land & Development has built up an excellent track record of building high quality houses, apartments and condominiums with attractive and innovative designs.
YTL Land & Development currently has a land bank of more than 2,000 acres of strategic development land in Malaysia. The estimated sales value is RM12 billion ringgit (US$ 3 billion). These strategic land banks have no holding costs.