Safeguarding future growth via prudent financial management

For property developers, long-term growth and endurance are the ultimate goals—extending beyond the constraints of quarterly or annual reports. To achieve sustainable growth, developers must go beyond intellectual capital, strategic partnerships and marketable products. They must also demonstrate the capacity to maintain that growth, continuously adapting and innovating to ensure longevity.

Sustainability isn't just about having a solid business model or in-demand offerings. A company’s future success hinges on the strength of its operational infrastructure, decision-making processes and leadership. Without these, even the most promising business models can falter. Financial prudence—making strategic investments and managing resources wisely—is essential for maintaining long-term financial stability. Developers who prioritise these elements position themselves for sustained success in an ever-evolving market.

TOTC Quantitative Rankings - Sustainability

The Sustainability attribute in the TOTC Awards focuses on a company's sustained performance and readiness for future growth. The criteria for this attribute were revised to streamline the Awards process and provide a more accurate measure of each company’s financial health, ensuring a sharper focus on tracking long-term sustainability. These adjustments reflect the commitment to better assess companies’ potential for enduring growth and resilience in an evolving market.

This includes the company's ability to execute planned developments, its financial health, gearing, working capital ratio and cash flow. Firms that have demonstrated resilience and consistent project execution over time are given preference in this category.

Sime Darby Property Bhd won Top 10 for Market Cap RM1bil and above at the MDA 2024.

MRCB won Top 10 for Market Cap RM1bil and above at the MDA 2024.

In the RM1 billion and above category, Malaysian Resources Corporation Bhd (MRCB) and Sime Darby Property Bhd tied for the top spot, each earning an impressive score of 70.71%. Their strong project continuity and financial performance positioned them as leaders in sustainability, showcasing their ability to manage resources and plan for future launches.

Glomac Bhd won Top 10 for Market Cap Below RM1bi at the MDA 2024.

In the RM1 billion and below category, Glomac Bhd emerged as the frontrunner. With the highest reserved cash flow and low gearing, Glomac demonstrated exceptional financial prudence, ensuring it remains well-positioned to weather economic challenges. Its strong cash reserves and minimal debt signal high survivability compared to its peers.

Looking ahead: Sustainability as a core principle

Sustainability is more than just a buzzword—it's a fundamental principle that developers must integrate into their long-term strategies. Continuous monitoring of financial health, project execution and resource management ensures that companies can maintain stability and grow, regardless of market fluctuations. Developers that prioritise sustainability not only safeguard their future but also contribute to the resilience of the broader industry. The TOTC Awards continue to recognise and celebrate those companies that have embedded sustainability into their core operations, setting an example for others to follow.

Ranking by Sustainability

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