Sime Darby Property charts record sales and profit for FY25

TheStar Thu, Feb 26, 2026 06:40pm - 1 month View Original


Sime Darby Property Bhd group managing director and chief executive officer Datuk Seri Azmir Merican.

PETALING JAYA: Sime Darby Property Bhd (SDP) expects to sustain its growth momentum into the financial year ending Dec 2026 (FY26), underpinned by resilient domestic demand, a supportive interest rate environment and continued expansion of its recurring income base.

The group has set a sales target of RM4bil and planned launches worth RM4.7bil in gross development value (GDV), as it positions itself to capture demand across residential, industrial and commercial segments.

Group managing director and chief executive Datuk Seri Azmir Merican said the company remains focused on disciplined execution and long-term value creation.

“We remain committed to advancing our transformation into a real estate company, while maintaining a clear focus on disciplined execution, portfolio diversification and the expansion of recurring income streams,” he said.

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