Feburary 23, Selangor – Master Community Developer, Sunway Property announced that it had achieved RM 2.0 billion in sales with an unbilled revenue of RM 4.3 billion for its financial year ended December 31, 2022.
In the same period, the developer also delivered over RM 1.3 billion worth of projects and has a total remaining landbank of 3,292 acres with a potential Gross Development Value (GDV) of RM 58.9 billion.
Sunway Property Managing Director Sarena Cheah said, “As the economic outlook remains resilient, we are hopeful about the property prospects this year. With a strong pipeline of projects that are rightly designed for the current market conditions and targeting the right buyer segment, we are confident to achieve our sales target of RM 2.3 billion for 2023.”
The developer will launch its next range of Signature Products 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 4 pillars: Sustainability, Innovation, Health & Wellness and Lifestyle & New Experiences.
Sunway’s Promise: ‘We Care, We Stay With You For Generations’
Through its renowned build-own-operate (BOO) business model, Sunway Property continues to remain and be a part of the community it has built and nurtured over the years; upholding its commitment as the Master Community Developer.In 2022, the developer completed over RM 1.4 billion worth of investment properties in its various integrated townships – Sunway City Kuala Lumpur, Sunway City Iskandar Puteri and Sunway Seberang Jaya.
In 2023, Sunway Property will continue to invest in its integrated townships and will be looking at completing RM 1.1 billion worth of investment properties which includes the expansion of Sunway Medical Centre Velocity (Phase 2), Sunway Medical Centre (Phase 4) and Sunway International School (Phase 2) in Sunway City Kuala Lumpur. The developer will also be expanding its extreme park in tandem with the influx of tourist activities in Johor with the X Park 2 in Sunway City Iskandar Puteri, to include catamaran and horse-riding facilities.
Advancing Its Integrated Wellness Hubs Across High-Growth Regions In Malaysia
Besides the completion of its two Sunway Medical Centres in Sunway City Kuala Lumpur and Sunway Velocity Kuala Lumpur in 2023, the developer will continue to expand its wellness hubs across Malaysia with Sunway Medical Centre Damansara and Sunway Medical Centre Ipoh to be completed in 2024.
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