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S P Setia's RM4b sales target achievable, but sales has declined over the years

Analysts had mixed views over S P Setia Bhd's prospects. While some expected the Permodalan Nasional Bhd-owned property developer could achieve its sales target of RM4 billion for its financial year ending Dec 31, 2015 (FY15), there were others who pointed out S P Setia's declining sales over the years.

EcoWorld surges 4.26% on better earnings, sales record

EcoWorld has two major upcoming projects in FY16, namely the 19.4-acre Bukit Bintang City Centre (BBCC) project next to the major shopping district in Kuala Lumpur worth RM8.8 billion and the 300-acre Eco Marina township in Batu Kawan, Penang, valued at RM10 billion.

 

S P Setia posts profit of RM119.68m for quarter ended Oct 31

S P Setia noted that the local property industry continues to face challenges due to current economic uncertainties, with a weaker ringgit, lower oil price, rising costs of living after the implementation of the goods and services tax, and tighter lending from banks

Selangor Dredging focuses on Malaysia, Singapore

Property developer recently exited the UK market after its associate company SDB Guernsey Ltd entered into a sale and purchase agreement (SPA) with AL.AN SA for the sale of its freehold four-storey building in London.

EcoWorld records RM3.02 bil sales for FY15, surpasses target

The group's four projects in the central region contributed RM1.579 billion, testament to the underlying strength and resilience of demand in the Klang Valley and its surrounding areas which, collectively, have the largest population base and highest per capita income levels in the country