Subang Jaya, 19 November 2025 – Property developer Avaland Berhad (“Avaland” or “the Group”) today announced its financial results for the nine months ended 30 September 2025 (“9M 2025”) with a net profit of RM38.5 million on revenue of RM439.1 million.
While this is lower compared to a net profit of RM68.2 million on revenue of RM664.4 million in the corresponding period last year, the softer financial performance reflects a transitional period for the Group, arising from lower contributions from several completed projects and recently launched developments that are still in the early stages of construction and revenue recognition.
Nonetheless, as these projects advance to more progressive construction stages, stronger revenue contributions are expected in the coming quarters. The Group remains focused on sustaining its launch momentum and enhancing operational efficiency to drive long-term profitability.
For the third quarter ended 30 September 2025 (“3Q 2025”), Avaland reported a net profit of RM8.1 million on revenue of RM135.5 million, compared to RM25.4 million and RM231.5 million respectively in the same quarter last year. Despite the lower results, core operations remain stable, supported by steady sales performance and a healthy balance sheet position, which provide a solid foundation for the Group’s next phase of growth.
Apollo Bello Tanco (“Pol”), Chief Executive Officer of Avaland said, “We achieved commendable new sales of RM618.5 million in 9M 2025, reflecting the market’s continued confidence in our product offerings. Our launches this year have recorded encouraging take-up, particularly at our Cybersouth township where Phase 1 of Avalon and Meria have both received encouraging take-up rates to date. This strong demand underscores the sustained appetite for well-located and affordably priced properties.
Building on this momentum, we have introduced Phase 2 of Avalon, with Phase 2 of Meria scheduled for launch in the coming weeks. Together with Tower B of Alora Residences at Avenue25, these bring our total launches for 2025 to a gross development value (“GDV”) of RM913 million, which are expected to contribute meaningfully to the Group’s performance moving forward.”
The Group’s unbilled sales as at 30 September 2025 stood at RM811 million, providing the Group with strong earnings visibility for the coming years ahead.
Commenting on the Group’s outlook, Pol said, “The property sector outlook remains encouraging, supported by Bank Negara Malaysia’s decision to maintain the Overnight Policy Rate at 2.75%, which sustains a stable financing environment conducive to home affordability and developer liquidity.
Complementing this, the proposed Budget 2026 introduces measures that further stimulate the industry, including the extension of stamp-duty exemptions for homes priced up to RM500,000, tax incentives for the conversion of commercial properties into residences, and enhancements to housing assistance schemes such as SJKP and rent-to-own programmes.
We plan to leverage on these favourable conditions through our upcoming launches of four developments in 2026, with a combined GDV of RM1.4 billion. These projects are poised to contribute meaningfully to the Group’s earnings and reinforce our growth trajectory in the years ahead.
The Group remains cautiously optimistic of its prospects, supported by robust demand for our strategically located projects and a solid landbank that underpins long-term growth. Following the acquisition of two parcels of development land announced in July 2025 with a combined GDV of RM1.4 billion, Avaland’s total landbank now stands at 184 acres across the Klang Valley, with an estimated GDV of RM11.5 billion, providing strong visibility for future development.”
