Sime confident of hitting RM2.5bil property sales despite glut


Jauhari: ‘This financial year, we’ll be launching more than 2,000 affordable homes.’

KUALA LUMPUR: Sime Darby Bhd’s property division, Sime Darby Property Bhd, is confident of achieving its RM2.5bil sales target for the current financial year ending June 30, 2017, despite the current property market glut.

Managing director Datuk Jauhari Hamidi said its financial numbers looked promising.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Sime , property , Jauhari , stocks , shares , homes ,

Next In Business News

Genting sees uncertain global outlook amid geopolitical, macro risks
Malaysian Pacific Industries posts higher FY26 net profit of RM188mil
DNeX proposes US$35mil sale of FPSO Excalibur to MISC
Telekom Malaysia posts lower net profit of RM365.5mil in 2Q
SC wins suit, five individuals ordered to pay RM103.75mil
Ringgit stays bullish vs US dollar at close as US debt weighs on greenback
Dialog’s FY26 net profit nearly doubles to RM593.5mil
FBM KLCI to expand to 50 stocks in first major revamp since 2009
Hektar REIT’s 2Q NPI rises 9.5% on higher occupancy, cost optimisation
YTL Corp posts stronger 4Q performance, raises FY26 dividend

Others Also Read