Propel Global Expands into Property Development with RM64 Million GDV Riverpoint Project in Kuantan
Strategically located along Jalan Tanah Putih, the project features 31 exclusive freehold shoplots with direct river frontage
KUALA LUMPUR, 13 FEBRUARY 2026 – PROPEL GLOBAL BERHAD ("Propel Global" or the "Group”), a provider of oil and gas (“O&G”) services, today celebrated the groundbreaking of its Riverpoint project in Kuantan, Pahang. Developed by its wholly-owned subsidiary, Propel Global Development Sdn. Bhd., Riverpoint has an estimated gross development value (“GDV”) of RM64 million and represents among the first premium riverfront commercial shoplot developments in Kuantan.
Caption from L-R:
Mr. Andrew Kong Teck Fong 江德煌先生, Group Business Development Director of Propel Global Berhad; Ms. Angeline Lee 李诗韵 女士, Executive Director and Group Chief Executive Officer of Propel Global Berhad; and Mr. Chia Hiap Wei 謝協偉先生, General Manager of Propel Global Development Sdn Bhd
Riverpoint also marks Propel Global Development’s maiden commercial property development project, reinforcing the Group’s strategic diversification journey beyond its traditional O&G and engineering-related businesses. The project reflects Propel Global’s ongoing efforts to create new growth platforms and broaden its revenue base, while drawing on the Group’s engineering, construction and project delivery heritage to support confidence in execution.
Occupying one of Kuantan’s most recognisable gateway locations adjacent to the iconic “Welcome to Kuantan” arch, Riverpoint enjoys prominent main road frontage, steady traffic flow, and excellent connectivity via Jalan Gambang to Kuantan town. Each unit features wide frontages, large display windows, and efficient layouts to accommodate diverse uses such as retail, dining, or office spaces, complemented by ample parking and pedestrian-friendly access. Spanning a prime riverfront site, Riverpoint comprises only 31 units of three-storey freehold shoplots with built-up areas starting from 4,202 sq. ft., offering scarcity value for investors and business owners seeking exclusive commercial premises in a strategic gateway location.
Kuantan’s position within the East Coast growth corridor provides a favourable backdrop for Riverpoint, supported by ongoing infrastructure developments such as the East Coast Rail Link and Kuantan Port’s role in facilitating regional cargo movement and industrial growth. With improving connectivity and commercial activity, Riverpoint is well-positioned to cater to businesses seeking high-visibility premises in a growing urban corridor.
Riverpoint targets entrepreneurs, investors, F&B operators, lifestyle retailers, and corporate tenants seeking strategic, high-visibility, and exclusive commercial premises. As Kuantan’s premier riverfront shoplot development, Riverpoint delivers both tangible investment value and attractive commercial prospects. Its freehold status, limited supply of only 31 units, and strategic positioning along Kuantan’s gateway corridor make it a prime choice for long-term investors and discerning business owners.
Angeline Lee
Group Executive Director / Chief Executive Officer
Ms. Angeline Lee, Executive Director / Group Chief Executive Officer of Propel Global said, “Riverpoint marks an important milestone in Propel Global’s strategic diversification journey and our expansion into property development. With a GDV of RM64 million, the project reflects our confidence in Kuantan’s long-term growth prospects and our ability to create value through well-located, thoughtfully designed developments. Leveraging the Group’s extensive experience in engineering, construction and project delivery, we aim to establish Riverpoint as a landmark commercial destination and a catalyst for the area’s continued commercial growth, while generating sustainable value for our shareholders, business partners and the wider community.”
Upon completion, Riverpoint will stand as a new commercial landmark in Kuantan, delivering an exclusive mix of accessibility, aesthetic appeal, and investment value. Beyond its contribution to Kuantan’s commercial landscape, Riverpoint reflects Propel Global’s broader evolution as the Group continues to expand into complementary business areas that support long-term growth and shareholder value creation.