Higher UEM Sunrise cost within ‘range of tolerance’

Chief executive officer Sufian Abdullah said the group may revise its position on pricing towards the end of the first half of 2022.

PETALING JAYA: One of Malaysia’s largest property developers, UEM Sunrise Bhd, has hinted about the possibility of raising its property prices if the spike in construction costs continues.

The group, however, said the higher costs remain within “a range of tolerance at this point”, and hence it would refrain from significantly raising its prices this year.