PETALING JAYA (Feb 27): UEM Sunrise Bhd delivered a 27% year-on-year increase in revenue to RM1.7 billion for the financial year ended Dec 31, 2025 (FY2025), up from RM1.3 billion previously, driven largely by stronger property development contributions totalling RM1.2 billion.
Profit after tax and non-controlling interests (PATANCI) came in at RM71 million, compared with RM104.3 million in FY2024. The decline was mainly due to non-operational and non-cash adjustments amounting to RM50.5 million. Stripping out these one-off items, adjusted PATANCI would have reached RM121.5 million, reflecting healthier underlying fundamentals.
For investors and property players focused on commercial property in KL, industrial land in Selangor, and office space in Bukit Jalil, the group’s performance signals continued resilience in Malaysia’s broader real estate landscape, particularly across key growth corridors.
The board has proposed a total dividend of 1.43 sen per share, equivalent to RM72.5 million in distributions. This consists of:
0.84 sen single-tier dividend
0.59 sen special single-tier dividend
The total payout exceeds the 1.24 sen declared in FY2024, underscoring management’s confidence in cash flow strength.
FY2025 sales reached RM1.4 billion, surpassing the RM1.05 billion target by 35%.
The Central Klang Valley accounted for 55% of total sales, supported by projects such as The Connaught One, Residensi ZIG and The MINH. Meanwhile, the Southern region contributed 35%, led by developments in Iskandar Puteri including Aspira Hills and Aspira LakeHomes, alongside newly introduced Estuari Greens and Estuari ParkHomes.
This sales momentum reflects sustained demand in well-connected townships — a trend similarly seen in high-demand areas such as Bukit Jalil, Puchong and the Subang area, where interest in office space, factory units in Puchong, and industrial property in Subang area remains robust.
For 4Q2025, revenue stood at RM424.3 million, with property sales contributing 72% of total revenue.
Quarterly PATANCI was RM9.6 million. Excluding non-operational and non-cash adjustments, normalized PATANCI would have been significantly stronger at RM68.9 million.
The group closed FY2025 with cash and bank balances, including short-term investments, totalling RM1.5 billion.
Net gearing improved to 0.37 times from 0.40 times a year earlier, reflecting disciplined capital management — a key metric for developers navigating competitive markets, including prime commercial property in KL and industrial land in Selangor.
Managing director and CEO Shaharul Farez Hassan said the year’s results demonstrate strengthened fundamentals and consistent execution across core markets.
Looking ahead to 2026, the company aims to reinforce operational resilience, improve efficiency and position itself as a balanced real estate player focused on sustainable long-term value creation.
During FY2025, eight projects were launched across Central, Southern and International portfolios, achieving a combined gross development value (GDV) of RM2.2 billion — exceeding the RM2.0 billion target.
Key launches included:
Allegro and Symphony Hills in Cyberjaya
Serene Heights Phase 3A4 in Semenyih
Aspira Hills Phases 2A, 3A, 3B and 4A
Estuari Greens Phase 1B1 and Estuari ParkHomes Phase 2C1 in Iskandar Puteri
One Oval in Perth
A total of 1,927 units across six projects were handed over during the year, representing RM1.8 billion in GDV.
For FY2026, the group has set:
Sales target of RM1.3 billion
Launch GDV target of RM2.2 billion
Upcoming launches will emphasize attainable and upgrader homes in Serene Heights and Mont’Kiara within the Central region, as well as Gerbang Nusajaya and Estuari in the Southern corridor. Sales efforts for its Australian project, One Oval, will also continue.
Johor remains a priority growth market, supported by infrastructure initiatives such as the Johor-Singapore Special Economic Zone and the Johor Bahru-Singapore Rapid Transit System, which is targeted for completion in 2026. The newly launched Gerbang Nusajaya Interchange is expected to further enhance regional connectivity and stimulate property demand.
Improved accessibility and cross-border economic activity often create positive spillover effects for established hubs such as Kuala Lumpur and Selangor, particularly in the industrial property, logistics, and office segments.
During the year, the company improved its FTSE4Good score from 3.6 to 4.1. It also secured 36th place in the Top 50 ranking of the National Corporate Governance & Sustainability Awards 2025 organised by Minority Shareholders Watch Group.
Despite ongoing market uncertainties, the group intends to maintain disciplined capital management, selective project launches and a focus on value-accretive opportunities.
For investors and property stakeholders monitoring opportunities in industrial land in Selangor, factory developments in Puchong, office space in Bukit Jalil, and commercial property in KL, the group’s steady financial footing and structured pipeline reinforce confidence in Malaysia’s evolving real estate ecosystem heading into 2026.
Indonesia