SP Setia's unbilled sales at RM10.67b, keeps RM4.55b sales target

Setia Federal Hill, a 52-acre mixed development in Bangsar, is set to be the latest iconic project in the heart of Kuala Lumpur, featuring one of the longest green roofs in Southeast Asia. It will be developed in three phases – Downtown, Midtown and The Village. All three phases will offer bespoke commercial and residential offerings. The total development has an estimated GDV of RM20 billion.

KUALA LUMPUR: Property developer, SP Setia Bhd is not only maintaining its sales target of RM4.55 billion for 2020 but is also confident of retaining its pole position in Malaysia despite a challenging economic outlook amid the ongoing COVID-19 outbreak.

In its Integrated Annual Report, the group said the projection would be backed by the 48 ongoing projects and total unbilled sales of RM10.67 billion, while at the same time leveraging on the versatility of its product offerings.