MELAKA, 18 November 2025 — Teladan Group Berhad (“Teladan”), one of Melaka’s most prominent property developers with a steadily expanding presence across Peninsular Malaysia, reported resilient results for the third quarter ended 30 September 2025 (“Q3FY2025”), underscored by sustained demand across its residential and commercial projects, improved cost efficiency and a strengthened development pipeline.
Despite a transitionary period marked by the completion of several earlier phases, Teladan sustained its earnings momentum, supported by contributions from high-demand developments and new project rollouts that reinforced the Group’s long-term growth trajectory.
Q3FY2025: Revenue Stable at RM82.43 Million; PAT Supported by Margin Uplift
For Q3FY2025, the Group recorded RM82.43 million in revenue, slightly higher than the RM80.67 million posted in Q3FY2024. Growth was primarily driven by active construction progress at three major developments:
- Taman Bertam Heights Phase 2A
- Taman Impiana Kesang Phase 2
- Taman Gapam Perdana Phase 1B
These contributions, however, were partly offset by lower billings from completed phases including Taman Bertam Heights Phase 1A/1B, Taman Desa Bertam Phase 4B, and Taman Impiana Kesang Phase 1.
Profit after tax (“PAT”) for the quarter stood at RM7.19 million, compared to RM7.87 million in Q3FY2024. Despite the moderation, profitability remained supported by improved margins, driven by cost efficiencies, optimised procurement and a favourable project mix featuring higher-margin residential phases.
9MFY2025: Earnings Strengthen with 11.79% PAT Growth Despite Moderation in Revenue
For the nine-month period (“9MFY2025”), Teladan posted RM215.16 million in revenue, moderating from RM234.24 million a year earlier due to the completion of several earlier project phases.
Yet PAT rose to RM20.21 million, up 11.79% YoY, lifted by:
- Stronger gross profit margins
- Enhanced cost management
- Continued contributions from key ongoing projects such as Taman Bertam Heights Phase 2A, Taman Impiana Kesang Phase 2 and Taman Gapam Perdana Phase 1B
The Group’s projects continued to enjoy resilient take-up rates, reflecting steady housing demand in Melaka’s high-growth corridors.
RM580 Million in New Launches Boosts Development Pipeline
During the quarter, Teladan launched three new developments with a combined gross development value (“GDV”) exceeding RM580 million:
- Taman Gapam Perdana Phase 3
- German Technology Park Phase 1
- Taman Desa Bertam
These new launches broaden Teladan’s residential and industrial offerings, strengthening its ability to meet market demand across multiple segments.
As at 30 September 2025, the Group recorded RM312.4 million in unbilled sales, providing solid revenue visibility into the coming quarters.
Management Commentary: Strategic Expansion and Strong Market Alignment
Managing Director Mr. Richard Teo Lay Ban (張禮萬) said Teladan’s results reflect strong operational execution and alignment with evolving market needs.
“Our performance this quarter reflects Teladan’s promising progress and the strength of our development strategy. Our year-to-date property sales of RM310.6 million and steady progress in ongoing phases reflect strong underlying demand.”
Mr. Teo highlighted two major strategic pillars shaping Teladan’s next stage of growth:
1. Affordable & Inclusive Housing as a Core Growth Driver
Teladan continues to expand its Rumah Mampu Milik and Rumah Belia offerings. The launch of Taman Bertam Heights Phase 2A2 underscores its commitment to supporting national homeownership goals while reinforcing demand-driven development.
2. Rapidly Expanding Industrial Footprint
The launch of German Technology Park Phase 1 marks a major milestone in Teladan’s move into industrial real estate, a strategic shift supported by the Group’s sizable 663-acre landbank.
With the appointment of new Chief Executive Officer Mr. Allan Ngu, Teladan aims to accelerate diversification across residential, commercial, and industrial segments.
Outlook: Focus on Delivery and Strategic Planning; No New Launches in Q4FY2025
Teladan will prioritise construction progress, revenue conversion and cost optimisation throughout the remainder of FY2025. No new launches are planned for Q4FY2025 as the Group focuses on delivering ongoing projects.
Its next major industrial initiative, the Golden Valley Industrial Hub, is scheduled for rollout in FY2026, aligned with infrastructure readiness and long-term planning.
With a healthy development pipeline, strong unbilled sales and multi-segment expansion strategy, Teladan remains well-positioned for sustained growth into FY2026.
