Sime Darby Property takes cautious stance

“There is no crystal ball but I believe the sales momentum will still be strong albeit not as high as FY22," says group MD Azmir Merican.

PETALING JAYA: Sime Darby Property Bhd (SimeProp) cautioned of weaker sales momentum going into financial year 2023 (FY23) due to headwinds like labour issues, uncertainties in the interest rate environment and overall market sentiment.

“There is no crystal ball but I believe the sales momentum will still be strong albeit not as high as FY22.