KUALA LUMPUR — Sime Darby Property Bhd is looking at undertaking a tactical price review of its unsold units after net profit for the three months through September dropped 93% to RM28.8mil. The company’s strategy is only to be expected due to the high level of unsold inventory units. Coupled…
Tag: sime darby
Zeti: Property Prices Have to Adjust
KUALA LUMPUR – Property prices will definitely have to adjust in the near term to cater to the softening demand, said Sime Darby Property Bhd’s chairman Tan Sri Zeti Akhtar Aziz. She said the current soft property market situation presents a window of opportunity for developers to work on improving…
