Sime Darby Property records 927.5mil sales in 1Q25


Sime Darby Property group managing director Datuk Seri Azmir Merican

PETALING JAYA: Sime Darby Property Bhd recorded RM927.5mil in sales in the first quarter ended March 31, 2025 (1Q25), achieving 26% of its full-year target of RM3.6bil for the financial year 2025 (FY25).

In a statement, the group said sales were led by industrial products, contributing RM461.5mil (50%), followed by residential high-rise at RM246.3mil (27%), residential landed at RM127.9mil (14%) and commercial offerings at RM65.3mil (7%).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Gold steadies as Fed independence concerns offset easing geopolitical woes
Oil slips as investors assess supply outlook, US stock build
AirAsia X targets up to US$600mil debt restructuring after combining airlines
Telenor sells its stake in Thailand's True Corporation for US$3.9bil
Societe Generale to cut 1,800 jobs in France
Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order

Others Also Read