MAIN Market-listed property developer Paragon Globe Bhd (formerly Goh Ban Huat Bhd) has inaugurated the PGB Hostel Pekan Nanas at the Pekan Nanas Industrial Park which marks a milestone as the first Provisional GreenRE Silver-certified worker hostel in Johor and the first purpose-built hostel in Pekan Nanas.
Sitting on 4.1 acres of freehold land within the Pekan Nanas Industrial Park, the PGB Hostel comprises four five-storey blocks with 240 apartment units in total, each featuring two bedrooms, a living room, a kitchen, three bathrooms and a yard.
Launched today (Sept 9), Phase 1 comprises two blocks with 105 units which are designed to house 15 workers per unit, thus providing safe and modern accommodation for up to 1,575 workers.
Upon full completion of both Phase 1 and Phase 2, the hostel will offer a total of 240 units or able to accommodate up to 3,600 workers.
With a built-up area of over 347,000 sq ft, the facilities include supporting infrastructure such as canteens, recreational areas and on-site management.
The project is developed, owned and managed by Paragon Bizhub Sdn Bhd, a wholly-owned subsidiary of Paragon Globe.
The silver-level recognition under Malaysia’s green building rating system. certification recognises best practices in energy efficiency, water conservation, indoor environmental quality and sustainable building materials.
Good take-up rate
“This hostel represents more than just accommodation – it’s a milestone for Paragon Globe and Johor,” enthused the group’s executive chairman Datuk Seri Edwin Tan Pei Seng.
“We are committed to supporting Johor’s rapid industrial growth by providing safe, modern and compliant worker housing solutions. ”
Added Tan: “With Provisional GreenRE certification, we are also embedding sustainability into our developments, a testament that worker accommodation can be both practical and environmentally responsible.”
The hostel has already attracted leading multinational and local manufacturers as tenants, including Shimano Components (Malaysia) Sdn Bhd, Sunlig Sdn Bhd, Senku Production Engineering Sdn Bhd, Inmost Industries Sdn Bhd, Allgood Enterprise Sdn Bhd and CCL Impex (M) Sdn Bhd.
As it is, Johor’s industrial sector continues to grow strongly, driven by catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the upcoming Rapid Transit System (RTS) Link.
With more companies expanding into the region, demand for compliant worker accommodation is expected to rise significantly.
Through the PGB Hostel, Paragon Globe is contributing to Johor’s sustainable development agenda while also creating a recurring income stream for the group in line with its long-term growth strategy.
At the close of today’s (Sept 9) market trading, Paragon Globe was up 0.5 sen or 0.81% to 62.5 sen with 39,000 shares traded, thus valuing the company at RM467 mil. – Sept 9, 2025
