UEM Sunrise maintains sales target, market seen as subdued
New offering: (from left) UEM Sunrise retail and asset management GM Devamanokaran Poonagasu, Hyatt Hotels & Resorts Asia-Pacific full service franchise operations and Hyatt Place/Hyatt House regional vice-president Michael Koffler, Anwar, UEM Sunrise CFO Mohamed Rastam Shahrom and HHKL GM Bennett Peter at the opening ceremony.
KUALA LUMPUR: Property developer UEM Sunrise Bhd 
is maintaining its 2018 sales target of RM1.2bil for next year, in anticipation that the local property market to remain subdued in 2019.
Managing director and chief executive officer Anwar Syahrin Abdul Ajib said the company is “cautiously optimistic” about its sales performance for 2019.
“Next year, we will try to maintain the same target (as 2018). We will continue to explore opportunities by monetising our land bank in Kuala Lumpur and Johor,” he said after the launch of UEM Sunrise’s first hospitality-service offering, Hyatt House Kuala Lumpur (HHKL).
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