Sunway Property, has announced its sales target of RM2.6 billion for 2024, this comes on the back of its positive performance over the past year, as the developer achieved RM2.4 billion in sales across its Malaysian and international operations, exceeding its sales target of RM2.3 billion for the financial year ended 31 December 2023.
During this period, Sunway Property also recorded an unbilled revenue of close to RM4.1 billion and successfully delivered launches worth RM4.4 billion. With its remaining landbank of 2,467 acres (as at 31 December 2023) bearing an estimated Gross Development Value (GDV) of RM52.9 billion, the developer is well-positioned to continue on its growth trajectory in the coming year.
Sarena Cheah, Managing Director of Sunway Property, said, “We are proud of our achievements in 2023, particularly as we exceeded our sales target for the year. While economic uncertainties remain, we remain optimistic about the resilience of the property market, especially with strong growth potential in Johor given plans such as the Johor Bahru-Singapore RTS Link and the Johor-Singapore Special Economic Zone. This year, we are also set to introduce four new Signature Products across all our regions in Malaysia. Coupled with the exciting offerings of our annual flagship Signature Series campaign, we’re confident that this positions us well to achieve our goals again in 2024.”
