Founded in 2011 by Datuk Low Boon An, Ancubic Group of Companies began as a tightly managed operation where nearly every decision — from land negotiations to project execution — was handled directly by its founder. More than a decade later, the company has transformed into a forward-looking property developer driven by ecosystem planning, lifestyle integration, and industrial development.
Reflecting on the early years, Low shared that leadership at the time required decisiveness, speed, and personal accountability. Entering the property development space in 2011, Ancubic’s first major project was KS Botanic, a mixed-use township in Kuala Selangor with a gross development value (GDV) of RM80 million, completed in 2014.
This was followed by Suria Jaya E-SoFo in Shah Alam — a 22-storey commercial development completed in 2017 with a GDV of RM160 million — reinforcing the group’s presence in Selangor’s growing commercial property market. In 2016, Ancubic launched Kazen I & II in Taman Saujana Puchong, a three-storey terrace housing project with a GDV of RM40 million, completed in early 2018 and recognised with multiple industry awards.
During the company’s formative years, Low personally oversaw land acquisition, financing approvals, construction supervision, cash flow management, and agency coordination. His constant presence on-site ensured quality control while enabling swift resolution of development challenges — a hands-on approach that laid a strong foundation for future growth.
As Ancubic expanded, the leadership model evolved. By 2017, the focus shifted toward building strong teams, structured systems, and long-term talent development, allowing the business to scale sustainably.
Ancubic entered the high-rise segment with Cubic Botanical, a mixed-use development in Pantai Dalam, Kuala Lumpur, boasting a GDV of RM700 million and completed in 2023. This project further strengthened Ancubic’s footprint in commercial property in KL, integrating greenery and wellness into urban living.
Around the same period, the group expanded into industrial properties, marking a strategic shift that aligns closely with rising demand for industrial land in Selangor, factories in Puchong, and industrial property in the Subang area. In 2024, Ancubic also extended its reach to Penang’s industrial market.
Low emphasised that people, not processes alone, drive long-term success. Ancubic prioritises organisational culture, shared values, and accountability over rigid systems, nurturing young leaders with adaptability and problem-solving skills.
This philosophy is anchored in what Low calls the “Triangle Balance Principle” — values, trust, and sustainable partnerships — a framework that guides both internal leadership and external collaborations.
Ancubic’s development strategy today extends far beyond conventional real estate. The group focuses on plant-themed townships, wellness-oriented facilities, and integrated developments that combine residential, commercial, and industrial components.
This vision is evident across multiple projects, including Ancubic Harmoni City in Telok Panglima Garang, CG New Town at Bukit Tinggi, A-Park Bangi, A-Park Batu Kawan, and Rosedale in Klang. These developments reflect Ancubic’s belief that modern industrial parks should function as complete ecosystems rather than standalone factories.
Even within industrial parks, Ancubic integrates lifestyle elements — creating environments where work, wellness, and community coexist. This approach resonates strongly with multinational corporations seeking operational efficiency, workforce retention, and long-term sustainability.
For example, A-Park Batu Kawan is located within a 5km radius of approximately 150 MNCs, while A-Park Bangi sits near over 26 global manufacturers, including Intel, Sony, Panasonic, Bosch, and Honda. Such proximity enhances collaboration, shortens supply chains, and strengthens industrial networks — key factors driving demand for industrial land in Selangor.
Ancubic’s current development mix is well diversified: 35% industrial, 25% commercial, and 40% residential. Ancubic Harmoni City alone spans 33 acres and forms part of six ongoing developments, with a combined GDV of approximately RM2.25 billion.
Looking ahead, the group is exploring retail components such as neighbourhood malls and integrated commercial hubs to generate recurring income. Approximately RM600 million in GDV is targeted for launch in 2026.
Land acquisition remains highly selective, with strong emphasis on location, logistics connectivity, ESG considerations, and long-term ecosystem potential — criteria increasingly important for investors and occupiers seeking office space in Bukit Jalil, commercial property in KL, and strategically located industrial assets.
Industrial park developments range from 20 to 200 acres, allowing flexibility to accommodate light, medium, and heavy industries while supporting phased development and efficient resource planning.
Low believes Malaysia’s property landscape will continue shifting toward holistic, lifestyle-integrated townships, where industrial, commercial, and residential components are planned cohesively rather than in isolation.
Philippines