SP Setia plans developing projects worth RM5.41bil

Khor: ‘We are bullish on Australia, followed by London and we might look at Singapore as we think the Government will relook the tightening measures.’

KUALA LUMPUR: Property developer SP Setia Bhd is targeting multiple launches with a potential gross development value (GDV) of RM5.41bil and has set a RM4bil sales target for current financial year.

President and chief executive officer Datuk Khor Chap Jen expected more than three-quarters of the sales to come from local projects.