Interests In New Projects Raises UOA Developments Profile
Interests In New Projects Raises UOA Developments Profile
MIDF Investment Bank (MIDF), in its Malaysia Market Update today (Wednesday), upgraded UOA Development Berhad (UOAD MK) to BUY following a positive assessment of its recent developments and prospects.
MIDF投資銀行（MIDF）在今天（星期三）發佈的《馬來西亞市場快訊》中，在對UOA開發有限公司（UOAD MK）最近的發展和前景作出積極評估後，將UOAD MK）上調至買入。
The House visited Bamboo Hills, noting a robust hospitality segment with significant income contributions, bolstered by its strategic location and diverse tenant mix including Starbucks and Hanam BBQ, among others. The property's popularity as a dining destination enhances rental stability, crucial for UOA Development's earnings from investment properties, which contributed RM77 million in 1QFY24.
衆議院訪問了Bamboo Hills，注意到其戰略位置和包括星巴克和Hanam BBQ在內的多元化租戶組合推動了其強勁的酒店板塊，收入貢獻巨大。該物業作爲餐飲目的地的受歡迎程度增強了租金的穩定性，這對於UOA Development的投資物業收益至關重要，後者在 1QFY24 中貢獻了7700萬令吉。
Furthermore, UOA Development is set to launch Bamboo Hills Residences in July, a transit-oriented development linked to the Kentonmen MRT station, with promising early booking rates of nearly 70% for Tower A. The project's affordable pricing and prime location are key factors attracting buyer interest.
此外，UOA Development定於7月推出Bamboo Hills Residences，這是一個以交通爲導向的開發項目，與肯頓門地鐵站相連，A座的提前預訂率將接近70％。該項目的實惠價格和優越的地理位置是吸引買家興趣的關鍵因素。
Despite recent fluctuations, UOA Development recorded RM121 million in new property sales in 1QFY24, driven by projects like Aster Hill and ongoing developments in prime areas like Bangsar South. The uptick in project launches aligns with improving market conditions, strengthening its sales outlook moving forward.
儘管最近出現波動，但受阿斯特山等項目和孟沙南部等黃金地段持續開發的推動，UOA Development在 1QFY24 中的新房地產銷售額仍達到了 RM121 百萬英鎊。項目啓動量的增加與市場狀況的改善一致，增強了其未來的銷售前景。
Given these developments, MIDF revised UOA Development's target price to RM2.06, up from RM1.93, reflecting improved sales prospects and a narrowed RNAV discount. The upgrade to BUY underscores MIDF's confidence in UOA Development's trajectory amidst stable earnings from its investment properties and an attractive dividend yield of 5.3%.
鑑於這些事態發展，MIDF將UOA Development的目標價格從1.93令吉上調至2.06令吉，這反映了銷售前景的改善和RNAV折扣的縮小。上調至買入凸顯了MIDF對UOA Development發展軌跡的信心，因爲其投資物業收益穩定，股息收益率爲5.3％。
譯文內容由第三人軟體翻譯。