SkyWorld Development Chief Executive Officer Lee Chee Seng said, “As part of our major step forward in our strategic growth, we have unveiled our key affordable housing projects, SkyWorld Pearlmont in Seberang Jaya, Penang and SkyAwani PRIMA in Brickfields, Kuala Lumpur. In August, we have also launched SkyAman 1 in Cheras, Kuala Lumpur, a thoughtfully planned low-density condominium with 510 units, designed to promote a lifestyle rooted in balance, harmony and well-being. Besides these launches, we have additional projects in the pipeline and remain on track to roll-out developments with a combined GDV surpassing RM2.0 billion within the current financial year. We are optimistic these launches will support a commendable sales performance for the current financial year and keep us firmly positioned to achieve our RM4.6 billion target of project launches by the end of calendar year 2026.”

The Company’s solid financial position provides the capital strength and stability required to successfully execute the projects without facing financial constraints. Backed by RM387.2 million in cash and bank balances and a low net gearing ratio of 0.12 times, SkyWorld Development maintains a strong financial footing to sustain operations, fund project expenditure and manage potential contingencies.