Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Brand profile · Real Estate
SkyWorld Development Berhad runs a Real Estate operation from Ampang, Kuala Lumpur. It is privately held, and its site is skyworld.my. It holds five addresses on record, all in Malaysia. Headcount on record is 216. Its work is tagged property Development and Real Estate Development. The record links nine similar brands, most of them in Real Estate.
Founded in 1997, NTP World Forum started as a corporate training provider with some of the best clientele in the country. Its Founder and Group MD, Datuk Ng Thien Phing is a savvy entrepreneur with diversified business interests in training & education, IT rental & solutions and property investment. In 2008, he embarked on the property development business with the establishment of NTP World Development Sdn Bhd, a subsidiary of NTP World Group. For the next five years, NTP World underwent a series of corporate exercises, which included the acquisition of a 40-acre site in Setapak, and then another 13 acres of quality land in Kuala Lumpur.
In 2013, NTP World Development rebranded itself as SkyWorld Development Group (“SkyWorld”) to better reflect its vision, mission and core business of transforming cities.
In 2014, SkyWorld introduced its first master development, the 28-acre SkyArena @ Setapak. Ascenda Residences, the first phase of SkyArena was launched amidst positive respond, recording an impressive 95% take-up. Following the successful launch, SkyWorld unveiled SkyAwani, the CSR & affordable home series at Sentul. The project recorded an impressive 100% sales within the first few months after its launch.
With its successful proven track record, SkyWorld unveils Bennington Residences @ SkyArena, Setapak and SkyLuxe On The Park @ Bukit Jalil. Both projects recorded positive take-up.
SkyWorld continues its upward trend, doubling its revenue within a year and acquiring quality land banks as it prepares to embark on its mission to transform the city skyline to a vibrant community.
| Countries | 1 |
|---|---|
| Primary country | MY |
All codes: MY
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Hiring, headcount and registry-change signals, streamed to members.
Registry-filed capital and financial indicators, standardised by TheGrid.
4 employee profiles on record · names withheld.
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Names are withheld until a consented source exists.
216 counted staff profiles at January 2026, above the self-reported 51–200 band.
Five addresses on record, Malaysia only. Primary: Block B, Wisma NTP World, Excella Business Park, Jalan Ampang Putra, Ampang, Kuala Lumpur 55100.
None linked to this brand.
One tag on the brand's own list, among them Property Development and Real Estate Development.
30 profiles list SkyWorld Development Berhad as a peer — 99th percentile in Real Estate. It lists ten peers of its own.