PETALING JAYA: More developers are turning optimistic on the local property market amid positive news flow on potential infrastructure projects, active land transactions and influx of investments.
RHB Investment Bank noted that major developers – except for UEM Sunrise Bhd
, Sime Darby Property Bhd and S P Setia Bhd – are guiding for sales targets that are 10% to 15% higher year-on-year for financial year 2024 (FY24).
