Property market to remain challenging this year

Property  sector Maintain neutral: Granted, the share price of most of the property developers have moved up this year, which we believe is due to renewed buying interest in laggards and overall improved market risk appetite rather than on signs of recovery in operating conditions.

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Large landbank leaves UEM Sunrise on firm footing

KUALA LUMPUR (May 18): With a landbank of 5,261ha and potential gross development value (GDV) of RM80 billion, developer UEM Sunrise Bhd remains a strong company, says outgoing chairman Tan Sri Ahmad Tajuddin Ali, Bernama reported today.

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