Hua Yang Berhad has come a long way since 1st started in 1978. However, their pioneering vision remains as strong as ever: to make dreams of affordable home ownership a reality.
For 37 years, this has become our driving force. Today, with more than 15k properties worth RM2.6bn completed across the nation, they have realized thousands of dreams in KL, Selangor, Johor, Perak & Negeri Sembilan.
Hua Yang is now recognised as Malaysia’s leading property developer in the affordable home segment. It is a reflection of the commitment of our experienced personnel & the connection they have always strived to achieve with their customers.
With every new cycle of the property market, the company looks ahead towards a better future. Whether it is their venture into Penang or unwavering efforts to fulfill more dreams, Hua Yang will be there to change landscapes & change lives.
- Hua Yang's sales could likely remain soft over the next 6-9 months, although it still maintained its MYR500m FY16 (Mar) new sales target. Its landed residential projects outside of the Klang Valley have seen better take-up rates, with some projects fully sold. Despite the soft outlook, the management believes that it will be able to sustain its earnings growth & at least match its dividend payout in FY16 & decent dividend yield of above 7%. The company is also planning to launch the first phase of its Puchong West project (total GDV: MYR1.35bn) by FY17.
- Hua Yang is expanding its presence in mainland Penang through its Bukit Mertajam land injection & its newly-proposed acquisition of 2 pieces of freehold land in Juru. Hua Yang is acquiring total 9.5 acres of land parcels for a total consideration of MYR21.7m (or MYR52.50 psf), which it is fair given that the land is located near a mature township and given its proximity to Juru Auto City & AEON Big Hypermarket. The GDV for the land is estimated at MYR180 m and will comprise landed and high-rise properties.
Let me introduce their few of projects as below:-
RHB target price given RM 2.20 after 30% discount of RNAV.
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