KUALA LUMPUR: IOI Properties Group Bhd( IOIPG) is set to achieve its sales target of RM2. 3bil for its financial year ending June 30, 2022, underpinned by more than RM1bil worth of new launches and inventory clearance.TA Securities in a report yesterday noted that pent-up demand for properties following China’s recovery from the Covid-19 pandemic, as well as favourable housing policies locally had driven IOIPG’s new property sales to RM2. 3bil in 2021. This, TA Securities said, exceeded both the

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KUALA LUMPUR: IOI Properties Group Bhd’s unit has successfully tendered for a piece of land at Marina View, Singapore, for S$ 1. 51bil( RM4. 68bil) from the Urban Redevelopment Authority( URA).In a filing with Bursa Malaysia, the group said the parcel of leasehold land, successfully tendered by its wholly owned subsidiary Boulevard View Pte Ltd, measured 7, 817.6 sq m( 0.78 ha).“ Based on information published by the URA, the land, which is a 99-year leasehold land measuring about 7, 817.6 sq m