Developers likely in for bumper sales

Among the developers that are on track to achieve their sales targets for this year is Mah Sing Group, says RHB Research analyst Loong Kok Wen.

THE recently concluded financial reporting season saw many developers achieving sound results and being on track to meet, if not surpass, their sales targets for the current financial year.

Analysts attribute the improved earnings performance to a pick-up in the property market, better buyer and investor sentiment and strong fundamentals, especially among developers with a steady track record.