Malaysian conglomerate Berjaya Land Bhd is breaking new ground with an ambitious venture into Greenland’s real estate market, signaling its commitment to sustainable development in challenging environments. Through its subsidiary, Berjaya Greenland Invest A/S, the company has acquired land in Nuuk to address the city’s pressing housing shortage while prioritizing climate-resilient solutions. This move reflects a strategic shift toward modular construction—a method that promises efficiency, affordability, and adaptability to Arctic conditions.
The project leverages a partnership with Sweden-based SIBS Sdn Bhd, a specialist in modular housing with manufacturing operations in Penang. By combining Berjaya Land’s development expertise with SIBS’s innovative building systems, the collaboration aims to deliver energy-efficient homes with reduced construction timelines. Modular construction not only minimizes waste but also ensures precision through factory-controlled production, making it ideal for Greenland’s harsh climate and remote logistics.
Beyond residential development, Berjaya Land is exploring opportunities in Greenland’s burgeoning tourism sector, including potential hotel projects. The upcoming international airport in Nuuk, set to open in late 2024, is expected to boost visitor numbers, creating demand for hospitality infrastructure. The company emphasizes a dual focus on economic growth and environmental stewardship, ensuring developments align with Greenland’s cultural and ecological priorities.
Group CEO Syed Ali Shahul Hameed highlighted the project’s community-driven approach, stating that the initiative goes beyond housing to foster long-term urban resilience. SIBS CEO Erik Thomaeus echoed this sentiment, emphasizing shared values in sustainability and innovation. As planning progresses, the venture stands as a model for responsible development in frontier markets—one that balances modern living with respect for local identity and environmental constraints.