SP Setia keeps sales target

About 82% of its sales in the nine months to September 2020 came from local projects in the central (RM1.36bil), southern (RM306mil) and northern regions (RM160mil). The remaining were from overseas projects such as UNO Melbourne, Sapphire by The Gardens and Marque Residence in Australia as well as Daintree Residence in Singapore.(File pic)

PETALING JAYA: SP Setia Bhd’s management is keeping its sales target at RM3.8bil for 2020 after achieving 75% of the target as at Oct 20, according to UOB Kay Hian Research.

The group’s property sales rebounded to RM1.38bil in the third quarter, after a low of RM405mil in the second quarter.