As at 30 September 2024, the Group has locked-in unbilled sales value of RM547.3 million from which attributed sales revenue and profits will be recognised progressively as their development percentage of completion progresses and were mainly contributed from the ongoing development projects namely Hillpark Shah Alam (RM5.0 million), MIRAI Residences @ Kajang 2 Precinct 1 (RM24.8 million), Nexus @ Taman Pertama (RM81.0 million), TR2 Residence @ Jalan Tun Razak (RM339.7 million), Akina @ Kajang 2 Precinct 3 Phase 1 (RM15.3 million), Kajang East Avenue 2 Shops (RM17.6 million), Akina @ Kajang 2 Precinct 3 Phase 2 (RM9.2 million), Residensi Naluri (RM33.0 million) and Gaya Residency (RM21.7 million). The Group is well positioned to unlock the value of its current development landbank for its transit-oriented development projects strategically located in Kuala Lumpur, Kajang and Cheras. Artist’s impression of the double-storey terrace homes at Akina in Kajang 2 Precinct 3 MIRAI Residences @ Kajang 2 Precinct 1 Phase 1 and 2, launched in September 2020 and February 2021 with a gross development value (GDV) of approximately RM470.6 million has achieved a take-up rate of approximately 95% and MIRAI retail shops with GDV of approximately RM61.2 million has achieved a take-up rate of approximately 73%. Nexus @ Taman Pertama with GDV of approximately RM255.1 million launched in November 2020, achieved a take-up rate of approximately 65%. TR2 Residence @ Jalan Tun Razak with GDV of approximately RM506.2 million launched in November 2021 and June 2022 has achieved a take-up rate of approximately 90%. Akina @ Kajang 2 Precinct 3 Phase 1 with GDV of approximately RM195.1 million launched in September 2022 achieved a take-up rate of approximately 82%. Sustaining Lives, Empowering Communities Governance That Inspires Confidence Financial Insights Through Numbers Empowering Ownership PG. 47
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