PETALING JAYA: UEM Sunrise Bhd will be shifting towards smaller developments moving forward amid a slowdown in the property market.
“Across the board we will be executing developments in a more ‘chewable’ size, while our larger projects will be tested in locations with higher pricing, particularly the central region,“ its managing director and CEO Anwar Syahrin Abdul Ajib (pix) told the media at its briefing today.
He illustrated that the group is eyeing projects with 100-200 units in Australia and 40-50 units in the UK.
He added that the group has to be more mindful of the infrastructure spending incurred by bigger projects.
source https://www.thesundaily.my/business/uem-sunrise-to-take-on-more-chewable-projects-in-the-future-FK2048689
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