I joined Mitsui Fudosan 28 years ago. For the first 13 years, I worked on development of domestic residential projects in Japan. In Japan, I gained experience in all aspects of our residential business, from land acquisition, development and accounting. In next urban retail properties department, I have been in charge of land acquisition for 11 years. For our overseas ventures, I oversaw the cooperate planning about China, Taiwan and Southeast Asia. After working at Australia, I am working on expanding our business in Malaysia today.

Malaysia is a melting pot of Malay, Chinese, Indian and other world cultures. A multitude of differing religions and traditions all coexist within the borders of a truly diverse nation. We must be ready to quickly adapt to any changes in Malaysia’s real estate market, while actively expanding our business in a measured and strategic manner.

The housing market in Malaysia is further segmented into developments for local Malaysians and overseas investors. Urban upscale condominiums are particularly popular among foreign investors, whereas the majority of suburban housing projects are targeted at and occupied by locals.

In the commercial sector, urban districts feature numerous luxury brands. By contrast, suburban areas are dotted with large-scale shopping centres tenanted with local and international brands for the local residents’ needs. Malaysia is a car country and, for the time being, shoppers rely on automobiles to access commercial facilities in both the city and the suburbs. Nevertheless, Malaysia continues to develop its mass transit system. As its network of railways continues to expand, use of public transport is only expected to grow.

One of the projects Mitsui Fudosan Malaysia is directly overseeing is the Mitsui Outlet Park KLIA SEPANG, which was inaugurated in 2015. This shopping mall is popular among locals and foreign travelers and opened third phase of facility expansion in April 2022.

In central Kuala Lumpur, we opened shopping destination LaLaport BBCC in Jan 2022, and approximately 400 stores will open in sequence. We plan to make this our flagship mall offering visitors an interactive and lifestyle-focused shopping experience. BBCC itself is a large-scale mixed-use development project composed of shopping mall, office buildings, residences, hotels and more. Mitsui Fudosan Malaysia is directly involved in the BBCC’s core commercial facility operations. In addition, Mitsui Fudosan Malaysia plans to further expand into various real estate assets.

Against this backdrop, Mitsui Fudosan Malaysia provides an open and welcoming workplace where each employee is actively engaged in their respective projects. We are always eager to undertake new ventures, and our entire staff is excited to take on any challenges that come their way. Our company takes a team-centred approach to its projects, and our true strength lies in the quality of our teamwork.

We work day in and day out to create a working environment that encourages communication and provides a platform where everyone can feel at ease. We also guide employees to be aware of work outside of their personal or team projects.

In my capacity as Mitsui Fudosan Malaysia’s MD, I will continue striving to create a healthy and supportive environment where all employees can work passionately and freely. Moving forward, I promise to build a society that provides a better, more vibrant life for our staff, their families and our customers.