Kenanga Research said that for the residential segment, EcoWorld Malaysia would continue to focus on the Klang Valley.
Citing a recent engagement with the company, Kenanga Research said for the residential segment, EcoWorld Malaysia would continue to focus on the Klang Valley, which accounted for 48% of its total gross development value of RM25.7bil. “While taking comfort from these strong sales numbers, we are mindful that developers typically stagger their launches in small batches these days, which naturally results in high take-up rates,” it added.
On the company’s industrial products, Kenanga Research said sales would be underpinned by an outstanding GDV of RM4bil, accounting for 6% of total GDV.
Ecoworldmalaysia Townshipdevelopment Affordablehousing Dudukseries Klangvalleyfocus Johorexpansion Industrialproperty
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