Binastra wins RM303.8m PTT automated warehouse in Bukit Raja
- Binastra won a RM303.8m fixed-price contract from PTT Synexis, a PTT Synergy unit, to build an automated (ASRS) warehouse on 20 lots in Bandar Bukit Raja, Klang, from 11 November 2026 to 30 September 2027.
- The job includes a five-storey car park, a three-storey office, two M&E buildings, a substation and a container yard.
- No land or floor area has been disclosed, so the cost per sq ft cannot be worked out; PTT's Hub 2 in Elmina (about 289,000 sq ft, RM270m development cost) is the nearest yardstick.
- PTT is also buying four Bukit Raja detached factories from Sime Darby Property at RM7.75m to RM8.24m each, about RM921 to RM980 psf of built-up area.
Binastra Corporation Bhd said on 4 November 2026 that its unit Binastra Builders Sdn Bhd had accepted a RM303.8 million contract from PTT Synexis Sdn Bhd to build an automated warehouse in Bandar Bukit Raja, Klang. PTT Synexis is wholly owned by PTT Synergy Group Bhd, the construction group that has been building automated warehouses in Selangor and Penang.
The contract
- Site: Lots PT 165101 to PT 165120, Jalan Lansaran 2/KU 5, Bandar Bukit Raja, Mukim Kapar, Klang district
- Price: RM303.8 million, fixed-price lump sum, excluding service tax
- Work: piling, main buildings and external works
- Dates: 11 November 2026 to 30 September 2027
What will be built:
- a single-storey warehouse with an automated storage and retrieval system (ASRS), a mezzanine floor and a three-storey office
- two two-storey mechanical and electrical buildings
- an electrical substation
- a five-storey car park
- a temporary container yard depot
- two guardhouses and two refuse chambers
It is Binastra's first automated warehouse. TA Research expects more work from PTT Synergy, whose warehouse pipeline it puts at RM2 billion to RM3 billion over the next two years. In April, The Edge reported that PTT Synergy's RM2.5 billion project pipeline included a large-scale industrial development in Bukit Raja.
No floor area given
Neither company has disclosed the land area or the floor area, so the RM303.8 million cannot be turned into a cost per square foot. The filing also does not say whether the ASRS racking and machines are in the price. PTT has its own ASRS arm, PTT Robotics, which in April agreed to install and lease an ASRS for Mydin's new warehouse in Elmina East at RM900,000 a month for 15 years.
The nearest published yardstick is PTT's own Hub 2 in Elmina Business Park, a single-storey ASRS warehouse of about 289,000 sq ft due in the second half of 2027. PTT paid RM60 million for its 11.3 acres of land and put the development cost at RM270 million, for expected rent of RM22.2 million a year.
Bukit Raja prices in PTT's own filings
In September another PTT unit agreed to buy four detached factories with two-storey offices from Sime Darby Property on nearby lots (PT 165051 to PT 165064), each with about 8,414 sq ft of built-up area. All are freehold and under construction:
- Land of 2,025 to 2,033 sq m: RM7.75 million to RM7.76 million each, about RM921 psf of built-up area
- Land of 2,360 sq m: RM8.24 million each, about RM980 psf of built-up area
PTT cited two recent sales nearby: a detached factory on 1,855 sq m of land at Jalan Astana 1D/KU2, Bukit Raja Prime Industrial Park, for RM8.5 million in June 2026, and one on 2,025 sq m at Jalan Berunsai 1/KU5, Bukit Raja 3 Industrial Park, for RM7.69 million in March 2026.
Setting up a factory or plant? Buying / selling industrial property or land in Malaysia? Reach out to Scott now.
Related news
PTT Synergy buy 9.7acres at RM62.53mil in Seberang Perai Selatan - RM148 psf and turned into Jabil’s RM400mil logistics hub
Through a subsidiary named PTT Logistics Hub 3, the warehouse developer is buying Geran 77766, Lot 1597, Mukim 12 — 3.925 ha of first-grade, unencumbered freehold land — from a pri…
SunCon wins RM1.74b Serendah data centre, its second there
Sunway Construction's RM1.739b job for an unnamed hyperscaler in Bandar Serendah follows a RM1.75b one in April: about RM3.49b in all, due in 2028.
ViTrox's 500,000 sq ft Batu Kawan plant to triple capacity
ViTrox is building a five-storey, 500,000 sq ft plant in Batu Kawan, more than three times its factory space today. CIMB puts the cost at RM150m–RM200m.