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Skyworld are trying to achieve its RM4.6 billion gross development value (GDV) target by end-2026 with Penang being a key pillar of the company's expansion beyond Klang Valley
Skyworld pipeline provides clear visibility on supply which has lined up five property launches worth RM2.2 billion combined for the current financial year ending March 2026 (FY2026) alone. Which initiated coverage on the property developer with a ‘buy’ call and the highest target price on the street at 78 sen, a potential upside of 44% gain from the current price, citing solid earnings visibility from a heavy pipeline of projects over the next decade.
