SD Property holds RM4bil sales target, new launches to support momentum
KUALA LUMPUR: Sime Darby Property Bhd (SD Property) has maintained its RM4 billion sales target for financial year 2026 (FY26), with industrial developments remaining a key growth driver.
SD Property, a subsidiary of Sime Darby Group, has set a sales target of RM4 billion for the financial year 2026 (FY26), with industrial developments playing a crucial role in achieving this goal. The group expects a busy second half of the year, with approximately RM1.2 billion worth of township developments, landed homes, and industrial products to be launched.
SD Property recorded RM1.8 billion in sales during the first half of FY26, with RM1 billion in bookings as of August 9 and RM3.8 billion in unbilled sales, providing visibility for earnings and cash flow over the next three years. The company aims to increase the proportion of residential landed and high-rise launches in the second half of the year to support sales momentum.
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