Sunway aims higher

Cheah: Some projects in Singapore that we were supposed to launch last year, have been deferred to 2020.

PETALING JAYA: Local property players are kicking off the year with higher, if not optimistic sales targets – an indication that the local property sector is bottoming out.

Sunway Bhd, at a briefing here, said it is targeting sales of RM2bil for 2020, a 30% jump from the RM1.55bil it achieved last year. The company had initially set out to achieve RM1.3bil for 2019.