Sunway Bhd eyes property sales of RM1.4 billion this year

KUALA LUMPUR, Feb 22  — Sunway Bhd is eyeing property sales of RM1.4 billion across the region this year even as its property division announced the launch of RM1.6 billion in properties.

Managing Director of the Property Development Division for Malaysia and Singapore, Sarena Cheah, said the group last year notched sales of RM1.2 billion.

She said an estimated 70% of launches this year would be in the Klang Valley with a gross development value (GDV) of RM1 billion. — BERNAMA