Initiative could increase developers’ risk profile
AS property developers are given the option to take on the role of moneylenders to homebuyers who cannot obtain bank loans, it remains to be seen whether they will jump on the bandwagon en masse.
AS property developers are given the option to take on the role of moneylenders to homebuyers who cannot obtain bank loans, it remains to be seen whether they will jump on the bandwagon en masse.
JOHOR BAHRU (Sept 15): S P Setia’s double-storey terraced homes dubbed Visca and Villosa in the established Bukit Indah township recorded an 80% overall take-up during its recent launch.
PETALING JAYA (Sept 13): S P Setia is set to launch its Setia Sky Ville condominium in Jelutong, and 3-storey semi-detached houses, the Isle of Palm in its Setia Pearl Island development, both in Penang sometime this month, the company’s general manager of property division north, Ng Han Seong told TheEdgeProperty.
PETALING JAYA (Sept 13): S P Setia Bhd saw an overwhelming crowd of 2,000 potential purchasers queuing up for the developer’s De Palma affordable apartment under the Rumah Selangorku programme at its open day last weekend, where only 200 units were available for sale.
SOME say humans are the most adaptive species on earth and during economic downturns, this trait helps us figure out ways for our businesses to manoeuvre the challenging market environment.
S P Setia Bhd is now on a sound financial footing after weathering a storm of challenges in the past two to three years, including changes to its management and shareholding structure, and an exodus of staff members in 2014.
SHAH ALAM (Sept 5): S P Setia Bhd has launched a long-term rewards and appreciation programme called Citizen Setia for its existing and new property purchasers.
SHAH ALAM (Aug 30): S P Setia Bhd’s new launches of double storey terraced homes in Precinct 17, Setia Alam have received 85% take-up over the weekend.
KUALA LUMPUR (Aug 25): S P Setia Bhd bagged the “Best Employer” award for the seventh time at the Aon Hewitt Best Employers 2016 awards in a ceremony held today.