Growth drivers for SkyWorld

PETALING JAYA: New launches, replenishment of land bank, expansion into build-to-rent developments and geographical expansion into Vietnam are the growth drivers of Main Market-bound Skyworld Development Bhd.

PublicInvest Research said as of May 22, the urban property developer’s completed projects had a collective take-up rate of 98% and it has a total sold and unbilled gross development value (GDV) of RM968.28mil, which will be recognised between the financial year 2023 (FY23) and FY27.