Malaysia Policy Flip-Flops Drives Developer to Singapore, UK Expansion

Selangor Dredging Bhd MD Teh Lip Kim discusses:

- Medium-term view of property market;
- Whether the market for high-end developments is at the beginning of the end;
- View on rising interest rates - whether demand affected;
- Softening global outlook: whether will affect sales;
- Outlook for launches; 
- Current land bank size;
- Response - feedback from various ongoing projects;
- Expansion to Singapore;
- Aggressive share buyback;
- Reasons for recent revaluation of properties;
- Views of OSKP and APLand buyouts;
- Whether plans a A buyout of SDB;
- Outlook for coming year;
- Hillslope development generally;
- As regards Medan Damansara - filing suit against the government of Malaysia;
- That there have been many new concerns and conditions on the project;
- That SDB is pleading judicial review;
- That SDB sued individual office bearers in the Medan Damansara project