Kerjaya seen gaining more ground

TheStar Tue, Apr 13, 2021 10:31am - 3 years View Original


Kerjaya Prospek Straits Residences model

PETALING JAYA: Kerjaya Prospek Group Bhd could see growth in the quarters to come as the property sector is expected to recover amid better economic prospects.

With new launches in the pipeline for 2021, and encouraging project wins, the outlook for the property development company is seen as positive.

For instance, RHB Research said that a 30% compounded annual growth rate is likely in the next three years for Kerjaya Prospek, which is trading at a valuation of around 10 times price-to-earnings ratio.

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