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Sime Darby Bhd property arm Sime UEP Properties Bhd is on schedule to bring in sales worth RM1.3 billion from its new residential property launches in the current financial ending June 30 of this y
ear.
These launches include high-end residential units in USJ Heights as well as mixed property in Putra Heights and Bukit Raja projects in Selangor.
Thus far, Sime UEP has a remaining land bank of about 5,000 acres in Selangor with potential to be developed into new property projects, said managing director Ir Jauhari Hamidi.
He also added that the company is making good progress to be part of the merged entity Synergy Drive Bhd, which is poised to be Malaysia’s largest residential property and commercial developer with a combined land bank of about 37,000ha.
The company is the property developer of flagship township Subang Jaya and UEP Subang Jaya or better known as USJ.
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