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Apex Land's September Revenue Hits Record High, Soaring 238% YoY
Finance · Real Estate Development · economic_daily · 2026-10-07
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Apex Land reported a record-breaking September revenue of NT$3.26 billion, driven by successful project handovers and a shift toward diversified development.
What Happened
Record Monthly Revenue: Apex Land announced a September revenue of NT$3.26 billion, marking a 238.7% year-over-year increase and setting a new historical record. For the first three quarters of the year, cumulative revenue reached NT$9.61 billion, representing a 1.73% growth.
Project Handover Impact: The surge in revenue was primarily driven by the completion and handover of key projects, including 'Yuanshan Dibao' and 'Shizheng Aiyue.' The company is successfully transitioning from its traditional agency business model to a more diversified approach involving land development and construction.
Future Growth Pipeline: The company expects continued revenue support from upcoming project completions, such as the 'Dijing' series and 'Hsinchu Dibao.' Strong market interest in new projects like 'Left Bank Pearl' and 'Contemporary Dibao' further bolsters the company's growth outlook.
Strategic Land Bank: Apex Land is actively expanding its footprint in Northern Taiwan, securing several major urban renewal and TOD development projects. With a substantial land bank, the company plans to continue its aggressive development strategy to ensure long-term revenue and profit stability.