In 2018, Ibraco launched The NorthBank, an exclusive township that has quickly become a prominent and sought-after area in Kuching, and home to the new Ibraco Gallery. The company’s strategic expansion continued into 2024, marking its debut in Petaling Jaya with NewUrban Residence, a high-rise development, and a new township in Kota Samarahan, Sarawak, with the launch of Arden City—a community-centered development exemplifying Ibraco’s commitment to vibrant and inclusive living spaces.
Ibraco has diversified its portfolio with investments in various sectors. Since 2020, Ibraco Quarry Sdn Bhd has operated a quarry in Pulau Salak, Kuching, supplying key construction materials. In 2022, Ibraco KPP Concrete Sdn Bhd launched, becoming a major provider of ready-mix concrete in Kuching. In 2024, Ibraco expanded into the manufacturing of pipes and fabricated mild steel components through Ibraco Ascent Sdn Bhd.
Residensi New Urban @ PJ South
The NewUrban project, developed by Ibraco Berhad, offers a sophisticated residential experience in Petaling Jaya South. The project consists of two 36-storey towers, Tower A and Tower B, containing a total of 922 units.