Earnings growth seen in Sime Darby Property’s landbank
Sime Darby Property’s land bank within Negeri Sembilan and Johor is strategically located in close proximity to the Kuala Lumpur-Singapore high-speed rail project.
Sime Darby Property’s land bank within Negeri Sembilan and Johor is strategically located in close proximity to the Kuala Lumpur-Singapore high-speed rail project.
As at end-June 2017, its order book stood at RM3.6 billion, which will provide it with earnings visibility for the next five years.
“Basically, the Ministers have now granted themselves full discretionary powers to approve projects for developers."
With upcoming projects at the Melaka Durian Tunggal land and the newly-acquired land in Rawang.
The land is planned for a mixed development comprising residential and commercial properties.
Crucial for malls to create “the right shopping environment”.
Any leakage from pipes or cavities in the buildings would cause water to pool and penetrate into the concrete floor.
In view of the future, it is inevitable that the property management industry will need to embrace and adopt technology in its operation.
Sustained demand from its property development both in Kuching and Samalaju.
Its earnings visibility is strongly backed by RM409 million unbilled sales and some RM1.75 billion planned launches in FY18.