HCK operations and oversight group managing director Datuk Dennis Ling (second from left) receiving the trophy from Deputy Local Government Development Minister Akmal Nasrullah as Star Media Group chief executive officer Alex Yeow (right) and FIABCI-Malaysia president Firdaus Musa (left) look on.

The crucial role of continuous sustainability monitoring

Every property developer aspires to expand their business and ensure its endurance over the long haul, transcending the confines of quarterly or yearly reports. Business growth necessitates not only the right intellectual capital and well-chosen strategic partnerships but also the ability to create products that hold substantial market demand.

Yet, beyond these foundational elements, a developer must demonstrate the capacity and dedication to sustain growth. This quality delves into a property development company's forward-thinking approach—an aspect that often takes a backseat when businesses, whether large or small, become entangled in immediate concerns rather than focusing on future growth and sustainability potential.

Merely possessing a solid business model and valuable offerings falls short of providing a viable long-term growth strategy if operational infrastructure, decision-making processes, and leadership are lacking. Financial prudence entails making sound and judicious decisions when it comes to managing and investing money to ensure long-term financial stability.

TOTC quantitative rankings - Sustainability

The sustainability attribute delves into a company's sustained performance and its adeptness in executing planned launches in the imminent future. It evaluates the company's unbilled sales data over a three-year span from 2020 to 2022. Preference is given to firms that have showcased resilience over this period. Additionally, the assessment encompasses the companies' 2022 launches as well.

In the RM1bil and above category, HCK Capital Group Bhd (HCK) emerged as the leader in rankings, demonstrating robust project continuity and garnering a noteworthy score of 96 points. HCK also stood out as the company recently entered into the big boys’ realm as its market capitalisation just exceeded the RM1bil mark at the point when the figures for the TOTC were extracted.

In the below RM1bil, it was no surprise that NCT Alliance Bhd again dominated in this tier. It achieved an impressive score of 314.12 points, the only company to exceed 100 points. 

Ranking by sustainability

Ranking by sustainability

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