Singapore projects to enhance IOIProp’s earnings

HLIB Research said IOICB accounts for significant value as an asset and its improving occupancy position it as an important future growth driver for the property group.

PETALING JAYA: The share price of IOI Properties Group Bhd (IOIProp) has seen a decline following a weak start to its first quarter of financial year 2025 (1Q25).

This was primarily due to higher interest costs from its IOI Central Boulevard (IOICB) project in Singapore.