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SkyWorld plans to launch five projects this year. 3 projects in KL: SkyAman1 Residences in Cheras, SkyAwani PRIMA Residences in Brickfields and SkyAwani 6 Residences in Setapak.
The two other projects are in Penang: the 31.28-acre SkyAwani Pearlmont Residences (Phase 1A) in Seberang Jaya , and the 25.9-acre SkyAwani Cassia Residences (Phase 1A) in Batu Kawan
SkyWorld Pearlmont is the first affordable housing development in Penang to adopt PPVC which involves constructing fully finished building modules complete with electrical fittings, plumbing, and interior finishes in a controlled off-site facility. These modules are then transported and efficiently assembled on site like building blocks, significantly streamlining the entire construction process.
SkyWorld’s balance sheet remains strong, with RM387.2mil in cash and a low net gearing of 0.12x, giving the company room to grow without depending on costly loans
SkyWorld has a huge RM483mil unbilled sales for FY26, are expected to support the group’s performance, alongside progressive revenue recognition from ongoing projects and sales of completed inventories.
