Author name: marketinguse

Lagenda Properties Posts Record RM542.9 Million Sales in Q3FY25, 9-month Sales Tops 2024 Full Year Sales KUALA LUMPUR, 26 NOVEMBER 2025 – Lagenda Properties Berhad (“Lagenda” or “the Group”) (KLSE: LAGENDA – 7179), a leading developer of affordable housing and integrated townships, continued to register resilient financial results for the financial year ending 31 December 2025 (FY2025). Notably, for the third quarter of FY2025 (Q3FY25), the Group’s confirmed sales across five states continued to gain strong momentum, with quarterly confirmed sales of RM542.9 million—the highest quarterly sales ever achieved and a 56% increase over the RM349.0 million recorded in the same quarter last year. Year-to-date confirmed sales rose 39% YoY to RM1.21 billion, exceeding the Group’s full-year 2024 confirmed sales and underscoring the sustained demand for Lagenda’s affordable housing model, particularly La’ Lumière (Kulai, Johor) and La’ Indera (Kuantan, Pahang). Unbilled sales also climbed 26% YoY to an all-time high of RM1.33 billion, offering robust earnings visibility, while total bookings remained healthy at RM543.3 million. This sales trajectory aligns with the Group’s strategy of maintaining a steady project launch pipeline throughout 2025. Revenue and profit after tax (PAT) for Q3FY25 were recorded at RM254.9 million and RM44.7 million, respectively. Revenue from the core property development segment grew by 4%, driven by accelerated construction progress at key projects including Lagenda Aman (Tapah, Perak), Lagenda Ardea 1A (Ulu Bernam, Selangor), and Puncak Warisan (Kota Tinggi, Johor). The segment maintained a robust gross profi t (GP) margin of 38%, despite many projects being in the early stages of development. Overall Q3FY2025 revenue decreased by 10% from RM283.4 million a year ago, attributable to reduced revenue from the trading segment and external construction projects. For the 9-month financial period ended 30 September 2025 (9MFY25), revenue was recorded at RM758.2 million, slightly higher than the RM754.9 million recorded in the same period last year. In addition, 9MFY25 PAT was recorded at RM134.5 million, a marginal 3% decrease YoY. Managing Director Dato’ Jimmy Doh said, “With Malaysia’s solid 5.2% economic expansion in the third quarter of 2025, together with the encouraging Budget 2026 announcement such as the extension of full stamp duty exemption for first homes priced up to RM500,000 until end of 2027, we believe market conditions remain favourable for continued growth in Malaysia’s affordable housing sector. This is evidenced by our RM1.21 billion in year-to-date confirmed sales, reinforcing that we are on track to meet our 2025 sales target of RM1.50 billion.” “We are executing our strategy with discipline, expanding our landbank in key growth corridors, and enhancing operational efficiency to drive sustained earnings visibility. This, combined with our all-time high unbilled sales of RM1.33 billion, provides robust earnings visibility and a solid foundation for sustained growth. With this, we are confident in our ability to continue delivering a resilient performance and creating long-term value for our shareholders,” added Dato’ Jimmy. Lagenda shares closed at RM1.30, giving the Group a market capitalisation of RM1.08 billion. View Press Release Share