Strong demand remains for properties

Property sector Maintain neutral: Although the value of residential loans approved, an indicator of property sales, fell 15% in 2016, four out of the seven developers in our coverage managed to grow their property sales by 3% to 77% in 2016.

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Sime Darby restructure could lead to de-rating

KUALA LUMPUR (Feb 2): Sime Darby Bhd’s restructuring plan to create three stand-alone businesses in the plantation, property as well as trading and logistics sectors could lead to a potential de-rating of the stock, say analysts.

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Looking back on an eco voyage

A PIONEER of eco-themed township developments in the country, S P Setia Bhd plans to unveil the next component of the first phase of its Setia Eco Templer project in Rawang this quarter.

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