UOA plans four property launches with GDV of RM1.7bil

PETALING JAYA: UOA Development Bhd is planning four property launches with a total gross development value (GDV) of RM1.7bil this year.

Given the soft property market environment, UOA is planning only four launches in 2015 as opposed to the six in 2014 since its upcoming 28-acre Jalan Ipoh mixed development has been delayed to 2016, Affin Hwang Capital said in a report.