UOA expects steady property demand

KUALA LUMPUR: UOA Development Bhd, which had sold RM146mil worth of properties so far this year, expects demand to be steady despite concerns about the goods and services tax (GST) and strict lending rules by banks.

“We expect revenue for 2015 to be consistent, taking into account the projects to be launched this year,” said general manager Eugene Lee after the group’s 11th AGM yesterday.