Sunway Property raises sales target

Sunway Property's Sarena Cheah: "“In Malaysia, we can see that well-priced products in good locations are still attracting genuine interest from new home buyers. Although we are setting higher sales targets, more than half of our sales are from overseas markets."

PETALING JAYA: Sunway Property is revising upwards its 2021 sales target to RM2.2bil from the RM1.6bil it had set in January this year, underpinned by the group’s strong performance in Singapore.

The property developer said its Singapore projects recorded sales in excess of RM1bil, which was mainly attributable to the successful launches of Ki Residences (a private condominium in Clementi) and Parc Central (an executive condominium in Tampines).