KUALA LUMPUR: Property developer Eastern & Oriental Bhd
(E&O) reported a third quarter ended Dec 31, 2025 (3Q26) showing supported by strong property sales and steady buyer demand.
Commenting on the results, the company’s managing director Kok Tuck Cheong said, “We are pleased to announce another quarter of robust performance, driven by the sustained demand for our residential offerings. Notably, Laman Embun, which was launched in November 2025, has been fully taken up.
“Looking ahead, we remain committed to a proactive growth strategy,” he added.
The company plans to launch a waterfront project on Andaman Island, Penang, by the end of this year.
Cheong said the project will involve the development of commercial components on a 30.35-ha site.
“The waterfront location is adjacent to our ongoing residential developments, Maris and Avea,” he highlighted, explaining that this phase will be the final low-density development in the waterfront project.
“In terms of pricing, we intend to maintain our current price levels,” Cheong said during E&O’s financial results briefing last week.
