IOIProp to Gain From Higher Wages
IOIProp to Gain From Higher Wages
PETALING JAYA: The higher remuneration for the civil service and increased inbound tourist numbers could benefit IOI Properties Group Bhd's (IOIProp) prospects.
八打灵再也：更高的公务员薪酬和入境游客人数的增加可能会使IOI地产集团有限公司（IOiProp）的前景受益。
Hong Leong Investment Bank Research (HLIB Research) noted the proposed 13% increase in the remuneration of civil servants and the raising of the minimum wage to RM2,000 a month from December 2024 onwards would benefit IOIProp's residential and commercial property business, especially around Putrajaya.
丰隆投资银行研究（HLIB Research）指出，提议将公务员的薪酬增加13％，并将最低工资从2024年12月起提高到每月2,000令吉，这将使IoiProp的住宅和商业地产业务受益，尤其是在布特拉贾亚附近。
"This meaningful hike in salary will boost the spending power of civil servants in Putrajaya," the research house stated in a report on the property group.
该研究机构在该房地产集团的报告中表示：“这次有意义的工资增长将提高普特拉贾亚公务员的消费能力。”
It noted the higher wage levels augur well for residential and retail demand in the group's IOI Resort City township in Putrajaya.
它指出，较高的工资水平预示着该集团位于普特拉贾亚的IOI度假城市小镇的住宅和零售需求。
Its mall there, IOI City Mall, which is the largest in the country with 2.4 million sq ft of net lettable area (NLA), has further expansion plans over Phase 3 and Phase 4.
其在那里的购物中心IOI City Mall是该国最大的购物中心，拥有240万平方英尺的净可出租面积（NLA），在第三和第四阶段有进一步的扩建计划。
Upon completion of Phase 3, the mall's NLA will increase to 3.5 million sq ft.
第三阶段完成后，该购物中心的NLA将增加到350万平方英尺。
The mall also has plans to include a purpose-built concert hall targeted at a younger crowd and a 10-acre central park.
该购物中心还计划包括一个专门为年轻人群建造的音乐厅和一个占地10英亩的中央公园。
The research report did not state when the expansion would be undertaken or completed, but news reports noted that construction work for Phase 3 is scheduled to start this year and be completed by 2029.
研究报告没有说明扩建工程何时进行或完成，但新闻报道指出，第三阶段的施工工作计划于今年开始，并于2029年完成。
HLIB Research added the 32.5% on-year increase in inbound tourist numbers recorded in the first quarter of this year to 5.8 million would also boost IOIProp's hotel occupancy rates, more so with the group's hotel rooms set to expand by 64% to 3,075 rooms this year from 1,876 at present.
HLIB Research补充说，今年第一季度入境游客人数同比增长32.5％，达到580万人，这也将提高IoiProp的酒店入住率，该集团的酒店客房将从目前的1,876间扩大64％至今年的3,075间。
"IOIProp's new asset, W Hotel KL, is currently doing very well and enjoying occupancy rates above 90% and average room rates of above RM1,200," the research house said.
该研究机构表示：“IoiProp的新资产吉隆坡W酒店目前表现良好，入住率超过90％，平均房费超过1,200令吉。”
HLIB Research noted the proposed light rail transit project in Langkawi could present a strategic growth opportunity for IOIProp, which intends to invest in a beachfront resort with a shopping mall and convention centre on the island.
HLIB Research指出，兰卡威拟议的轻轨交通项目可能为IoiProp提供战略增长机会，IoiProp打算投资一个在岛上设有购物中心和会议中心的海滨度假胜地。
"These developments, along with the impending unlocking of value of IOIProp's Singapore assets support a positive outlook and a 'buy' call, with an unchanged target price of RM3.30 a share based on a 45% discount to the group's revised net asset value of RM6," the research house said.
该研究机构表示：“这些事态发展，以及IoiProp新加坡资产即将解锁的价值，为乐观的前景和'买入'看涨期权提供了支持，根据集团修订后的净资产价值6令吉的45％折扣，目标股价保持不变，为每股3.30令吉。”
HLIB Research said IOIProp is now on the cusp of unleashing the value from its assets in Singapore, namely IOI Central Boulevard and Marina View Residences developments.
HLIB Research表示，IoiProp现在正处于释放其在新加坡的资产，即IOI中央大道和滨海景观公寓开发项目的价值的风口浪尖。
译文内容由第三方软件翻译。