S P Setia records profit before tax rising to RM181.2 million in 1Q2024, 56% increase compared to the same period in previous year
The group’s property development segment achieved profit before tax of RM180.
S P Setia to unveil Nadi 2, Setia Commerce Square in Setia Ecohill 2
Nadi 2, which is the second phase of the Nadi commercial development, comprises 212 shop offices, 12 semi-detached shops, multiple sizes of enterprise lands and petrol station lands.
S P Setia to launch Casaville single-storey bungalows at Setia Ecohill
The freehold, single-storey bungalow units will have 3-bedroom 3-bathroom layouts, with built-ups of 1,994 to 2,075 sq ft and land sizes of 52ft x90ft.
S P Setia to continue cutting debt, preparing for potential REIT
Strategic priorities include divesting non-core assets, refinancing borrowings and generating more cash flow to service debt, S P Setia said in its annual report released on Wednesday.
Maxim’s 51%-owned unit to buy land near Bukit Chagar from S P Setia for RM167m cash
Bukit Chagar — the location of the Johor-Singapore Rapid Transit System (RTS) station that is currently under construction — is in the immediate vicinity of the land purchased by MPSB, according to a bourse filing.
S P Setia’s Irama Villa IV 85% taken up
Under Setia eGreenLiving concept, Irama Villa IV will come with sustainable amenities such as Box 366 food and parcel delivery dropbox, smart lock for enhanced security, a solar photovoltaic conduit for clean energy and electric vehicle (EV) ports.
S P Setia to unveil Irama Villa IV double-storey terrace homes on March 3
Due for completion in 2026, Irama Villa IV has a gross development value (GDV) of RM74.
S P Setia shares surge on better than expected 4Q earnings
At least five analysts covering SP Setia raised their recommendations to "buy".
S P Setia records 71% jump in 4Q net profit, full-year sales exceed target
The property developer highlighted that it achieved RM5.
