UEM Sunrise confident in property sector’s uptrend

TheStar Mon, Jul 08, 2024 12:00am - 3 months View Original


Strong demand: An aerial view of UEM Sunrise’s biggest township in Iskandar Puteri, Gerbang Nusajaya. The industrial segment of the project is expected to contribute more than 20% of the total gross development value potential of RM45bil.

PETALING JAYA: Leveraging on last year’s annual property transaction historical high, UEM Sunrise Bhd (UEMS) is optimistic about ending financial year 2024 (FY24) on a good note.

Its chief executive officer Sufian Abdullah (pic) said among the many projects the group has embarked on included Gerbang Nusajaya – where it successfully launched and completed 921 residential and commercial units with a 99% take-up rate.

He said for FY24, the group plans to launch the balance 253 units of the ‘Nest Series’, Aspira Lakehomes Phases 4, 5 and 6, along with its new residential development comprising 901 units under the ‘Rise Series’, known as Aspira Hills.

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