Sunway plans RM1.6bil property launches

Cheah says Sunway’s property arm is approaching this year ‘cautiously and steadily’ due to the challenging market sentiment.

KUALA LUMPUR: Sunway Bhd plans to launch properties with a gross development value (GDV) of RM1.6bil in the Klang Valley, Iskandar Malaysia, Ipoh and Penang.

Last year, the group clinched RM1.2bil in sales, while unbilled sales stood at RM2.3bil as of end-2015.