Sunway Healthcare, PjH Form JV To Develop 325-bed Putrajaya Hospital
KUALA LUMPUR, Oct 21 (Bernama) -- Sunway Healthcare Holdings Bhd (SHH) and Putrajaya Holdings Sdn Bhd (PjH) today formalised a 60:40 joint venture to develop Sunway Medical Centre Putrajaya, a planned 325-bed multi-specialty tertiary private hospital in Precinct 7, Putrajaya.
In a filing with Bursa Malaysia today, the integrated private healthcare provider said the definitive joint venture and shareholders agreement was entered into by their respective wholly owned subsidiaries, Sunway Healthcare Ventures Sdn Bhd (SHV) and Tapak Senja Sdn Bhd (TSSB), following the heads of agreement signed on April 23, 2025.
“The signing marks SHH’s first joint venture project since its listing on the Main Market of Bursa Malaysia in March 2026 and advances the project from planning into its next phase of implementation,” it said.
Sunway Medical Centre Putrajaya is planned to offer advanced medical services and specialist care across a broad range of specialties and sub-specialties, including a dedicated burns unit.
The medical centre is expected to serve residents of Putrajaya, the wider Southern Klang Valley and international patients, while further enhancing the breadth and depth of healthcare services available in Putrajaya, alongside established institutions such as Hospital Putrajaya, Institut Kanser Negara and Academy of Medicine of Malaysia.
The future hospital will occupy 1.01 hectares (2.5 acres) of freehold land in Precinct 7, adjacent to Putrajaya Sentral.
Located within Putrajaya's only transit-oriented development (TOD), the precinct features Destina Putrajaya, a 97,000 sq ft integrated retail destination with seamless pedestrian connectivity to the Express Rail Link (ERL) and Mass Rapid Transit (MRT) stations at Putrajaya Sentral.
"Construction is targeted to commence in the fourth quarter of 2027, with completion anticipated in 2031, subject to the relevant approvals and project timelines," said SHH.
Sunway Healthcare Group (SHG) president Datuk Lau Beng Long said that with the group’s 27 years of operating experience, a network of five hospitals, nearly 2,000 licensed beds, around 80 specialties and subspecialties, and 28 centres of excellence, it brings a proven track record in complex and specialised care, clinical excellence, patient experience and hospital operations.
“Together with PjH, we aim to develop a hospital designed to meet future healthcare needs, broaden access to high-quality care and strengthen Putrajaya’s position as a medical destination for Malaysians and international patients,” said Lau.
-- BERNAMA