Kota Kinabalu: Sabah property developer KTI Landmark Berhad (KTI Group) delivered its strongest financial performance to date and secured a string of national and regional industry awards in FY2025.
The group recorded revenue of RM312.8 million for the financial year ended Dec 31, 2025, nearly doubling the RM175.4 million achieved the previous year. Gross profit rose to RM67.1 million, while total assets expanded to RM931.5 million.
“The results reflect the board’s commitment to shareholders and to Sabah,” Chairman Datuk Hamzah Ghazalli told a media conference following the group’s second Annual General Meeting at Hilton Kota Kinabalu, recently.
“On behalf of the Board of Directors, I thank our shareholders for their confidence in KTI Group. The support and commitment of our stakeholders continue to inspire us as we strengthen our position and pursue sustainable growth opportunities,” he said.
The board increased its dividend payout from 0.3 per cent in its first year as a listed company to 0.4 per cent this year, with Hamzah affirming its commitment to improving shareholder returns.
“We will do our very best to provide strong leadership and stewardship for the company and take it to greater heights in the future,” he said.
The group maintained a healthy order book of approximately RM452 million and a development portfolio with an estimated Gross Development Value (GDV) of RM2.73 billion.
The year also brought significant recognition for the group’s quality and innovation. The Logg, KTI’s flagship integrated development, won the Asia Pacific Property Awards for Best Mixed-Use Development and Best Mixed-Use Architectural Design.
Kayana Heights received The Star Property Awards 2025 Starter Home Award, while the group also earned the QLASSIC Excellence Awards for construction quality and the Sabah Housing and Real Estate Developers Association (Shareda) Top Developer Award 2025.
Group Managing Director and Group Chief Executive Officer Datuk Dr Gordon Loke said the strong financial performance and industry recognition reflected a company that remained focused on its core values.
“We are focused on delivering sustainable growth, enhancing operational efficiencies and creating long-term value for our shareholders,” he said.
Group Executive Director Wilson Loke, who is also Shareda Vice-President, said the group’s resilience in a challenging global environment was supported by its Industrialised Building System (IBS) construction method, which reduces dependence on heavy machinery, lowers fuel costs and improves workforce efficiency without compromising delivery timelines.
He highlighted the group’s performance during the Covid-19 pandemic, when it completed and handed over more than 800 units on schedule without any extension of time or liquidated damages.
Wilson said KTI has maintained a dedicated customer service team since its founding to handle buyers’ complaints, concerns and inquiries on a daily basis.
“It is a day-to-day responsibility, and we have been committed to it from day one until now,” he said.
He added that the group’s land bank, anchored by a 70- to 80-acre holding in Kinarut, provides a stable foundation for four to five years of development activity.
Wilson also said The Logg Avani Hotel in Luyang, which will feature more than 250 rooms, remains on track for launch by the end of 2026 or early 2027.
On affordability, he said KTI’s founding commitment to offering homes below market prices remains unchanged despite rising material costs over the years.
“If the market average is RM400,000, we will try to offer homes at RM350,000 or RM330,000. That is our commitment,” he said.
The press conference was attended by Group Executive Director Nelly Loke, Independent Non-Executive Directors Datuk Dr Tan Kok Liang, Lim Guik Moi and Chua Chai Hua, as well as Chief Financial Officer Harjeet Singh.
