Sunway Property Achieves RM2.3 Bil Sales Target For 2023

Sunway Property, the Master Community Developer, announced that it had achieved RM 2.0 billion in sales and a total remaining landbank of 3,292 acres with a potential Gross Development Value (GDV) of RM 58.9 billion for its financial year ended December 31, 2022.

The company also delivered over RM 1.3 billion worth of projects and has an unbilled revenue of RM 4.3 billion. Sunway Property Managing Director Sarena Cheah announced that the company aims to achieve its sales target of RM 2.3 billion for 2023, and is confident of meeting the target with its strong pipeline of projects designed for the current market conditions and targeting the right buyer segment.



Sunway Property: Signature Products

Cheah adds that Sunway Property’s Signature Products will be launched across the regions for the residential segment in Malaysia, all of which are crafted based on the developer’s Sunway Design & Development Architecture (SDDA) and its four pillars: Sustainability, Innovation, Health & Wellness, and Lifestyle & New Experiences.

Cheah emphasizes the company’s commitment to being a part of the community it has built and nurtured over the years by upholding its promise as the Master Community Developer.

We are more than just a developer of real estate, but a developer of communities

Sunway Property Managing Director Sarena Cheah

She says that Sunway Property will invest in its integrated townships, complete RM 1.1 billion worth of investment properties, and expand its extreme park in tandem with the influx of tourist activities in Johor. She further states that Sunway Property will continue to enhance its Sunway Property Pals+ (SPP+) programme, which benefits residents within its townships and standalone developments.

Moreover, Sunway Property will complete two Sunway Medical Centres in Kuala Lumpur and expand its wellness hubs across Malaysia with the completion of Sunway Medical Centre Damansara and Sunway Medical Centre Ipoh in 2024.

More Than Real Estate

“We are more than just a developer of real estate, but a developer of communities. We have been a part of our community for the past four decades, and as we celebrate our 50th anniversary next year, we will continue to strive to pursue a better future alongside our communities as we serve them for generations to come.”

“We are more than just a developer of real estate, but a developer of communities. We have been a part of our community for the past four decades, and as we celebrate our 50th anniversary next year, we will continue to strive to pursue a better future alongside our communities as we serve them for generations to come.” – Sarena Cheah, says.

Surging Demand for Content Creation Technology on the Horizon
The study also found that consumers in Singapore, Malaysia and the Philippines turn to social media platforms for product research, with Philippines taking the lead with the largest number of creators and Malaysia for content creation technology ownership.

Staff Writer

Recent Posts

Anwar: Felda’s RM10 Billion Losses Due to Mismanagement, Not Settlers

Anwar blames Felda’s RM10 billion losses on mismanagement and political interference, pledges reforms to protect…

8 hours ago

Asean+3 Growth Outlook Upgraded, AI Demand Key Driver

AMRO upgrades Asean+3 growth to 4.1% in 2026, citing AI demand, but warns risks from…

8 hours ago

Oil & Gas: Rising Dual Chokepoint Risks

Renewed US-Iran tensions have decreased vessel traffic in the Strait of Hormuz, impacting oil prices…

8 hours ago

Sepang Set to Host F1 Again With Costs Covered by Bahrain

Sepang International Circuit may host a Formula One race with Bahrain potentially funding costs, reviving…

15 hours ago

Saudi Arabia Reroutes Oil via Red Sea Pipelines to Bypass Blockades

Overland pipelines help bypass Gulf blockades, but shipping delays and rising costs continue to strain…

15 hours ago

King’s Diplomacy Strengthens Russia-Malaysia Relations Ahead of 60th Anniversary

Malaysia and Russia deepen diplomatic ties ahead of their 60th anniversary, enhancing collaboration in trade,…

15 hours ago

This website uses cookies.