Sime targets 25% jump in property sales

Sime Darby Property chief operating officer Datuk Wan Hashimi Albakri (left) and Turner International vice president & regional director (South-East Asia) Michael Doring shaking hands after the signing ceremony between the two companies. Looking on (from left) are Turner International program director Douglas Diercksen, Sime Darby Property director Datuk Johan Ariffin, Turner International president & chief executive officer Abrar Sheriff and Sime Darby Property managing director Datuk Jauhari Hamidi.

KUALA LUMPUR: Sime Darby Bhd’s property division, Sime Darby Property Bhd, is targeting a 25% jump in sales to RM2.5bil for the current financial year ending June 30, 2017, with much of the contribution to come from affordable home sales.

Managing director Datuk Jauhari Hamidi said the bulk of the launches will comprise affordable homes, as part of the company’s obligation to the Selangor Government.