Avaland is an asymmetrical play. I doubt we can find any property counters in Malaysia (or Singapore, US or China for that matter) that has

1) Unbilled sales to market cap of 2.78x
2) New launches to market cap of 5.84x
3) GDV to market cap of 39.86x
4) Land Purchase (2025) to Market cap of 0.677x

Avaland is a rare company backed by one of the large conglomerates in Asia (top 100 I believe) , Ayala Corp who owns Ayala Land (one of the largest in South East Asia), a Bank, Renewable Energy Corporation (ACEN) and many others.

Also, due to Avaland being Ayala Land's subsidiary through Regent Wise, they get access to Ayala Land's resources and expertise. Did you know that BGC in Manila was built by Ayala Land and can compete with some of the swankiest neighbourhoods in Singapore?

At 20 sen, Avaland is trading at a massive discount. I believe its fair value is 30 sen. See you at the top