Stronger sales seen for IOI Properties in FY24

KUALA LUMPUR: IOI Properties Group Bhd’s new property sales outlook for FY24 is expected to be better, driven by local and Singapore projects, according to MIDF Research.

“The launch of Marina View in Singapore with gross development value (GDV) of S$2.6bil is expected to boost new sales of IOI Properties in FY24 in view of the improving property market in Singapore,” MIDF said.