IOI Properties to gain from southern projects

PETALING JAYA: IOI Properties Group Bhd’s Bandar Putra Kulai township development in Johor will be a major sales driver for the property giant in the coming years, according to RHB Research.

The 25-year-old township is expected to not only see a further pick-up in industrial activity, but is also bolstered by the ongoing and upcoming developments in the surrounding area.