Lippo karawaci - Corporate day feedback
Last Thursday, we’ve brought Lippo Karawaci (LPKR IJ, Under Review) to our 2017 regional corporate day at Kuala Lumpur, a few key points as below:
¨ Management expect marketing sales of residential properties to pick up by 2H17, once the sensitivities of declaring assets related to the tax amnesty program are settled.
¨ 2016 marketing sales has largely underperformed its target due to sensitivities related tax amnesty that deter buyers from pulling their triggers, meanwhile, banks' mortgage rate in general has not dropped enough, in contrary to lower BI rate.
Selasa, 24 Januari 2017