SPB returns to local property after 15 years

KUALA LUMPUR: Selangor Properties Bhd (SPB) is making a comeback to the local property development scene after a lull of more than 15 years.

SPB, which is more well-known to the older generation of property investors and buyers locally, will go against the trend to launch big-sized units in Damansara Heights to mark its comeback. As a result of the slow property market, most developers, if they do launch, tend to offer smaller units.