PETALING JAYA: Eco World Development Group (EcoWorld) has announced a robust performance, achieving RM3.84bil in sales within the first 10 months of 2025. This figure surpasses its full-year sales target of RM3.5bil. The group's success was largely driven by its projects in Iskandar Malaysia, which accounted for RM1.99bil or 52% of total sales. The Klang Valley and Penang contributed 38% and 10% respectively.
“The residential segment continues to anchor the group’s performance, contributing RM2.08 billion up to 31 August 2025. Sales of landed residential homes under our Eco Townships have exceeded the Group’s full year sales in FY2024 with RM1.39 billion recorded in 10 months,” said president and chief executive officer Datuk Chang Khim Wah.
Meanwhile, sales of commercial units under Eco Hubs contributed 14% or RM525mil to the group’s year to date sales, contributed mainly by Riang Square, Se.Duduk Square, Sa.Young Square, Sa.Young2 Square and Santai Square across the Klang Valley and Iskandar Malaysia.
Chang said as the commercial units are attached to the group’ high-rise residential development, it demonstrates the mutually reinforcing and symbiotic relationship where strong demand for one pillar drives the vibrancy of the other, thus enhancing the overall liveability as well as commercial appeal of the entire developments.
The industrial segment collectively recorded RM1.24bil sales in 10 months, underpinned by three major industrial land deals during the year in Eco Business Park I and Eco Business Park II in Iskandar Malaysia, as well as Eco Business Park V in the Klang Valley which contributed a cumulative sum sold of RM1.08bil.
Moving forward, Chang said Eco Botanic 3 will be launched before the end of the year. The upcoming township, located in Iskandar Malaysia, will build on the success of our Eco Botanic and Eco Botanic 2 projects at Iskandar Puteri.
The group is also set to launch Eco Business Park VII (EBP VII) before the end of the year. EBP VII is located on 1,195 acres of land within the Malaysian Vision Valley 2.0 (MVV2).
EcoWorld’s future revenue remains high at RM5.14bil as at 31 August 2025 while net gearing ratio as at 31 July 2025 stands at 0.53 times. The group has declared a 3rd interim dividend of 2 sen per share in 3Q 2025, bringing total year to date dividends declared to 5 sen for FY2025.
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