Strong first half for S P Setia

S P Setia president and chief executive officer Datuk Khor Chap Jen (pic) said the results achieved for the first half of 2021 were largely attributed to the strong sales performance for the first five months of the financial year, which was buoyed by a generally upbeat local market sentiment.

PETALING JAYA: S P Setia Bhd registered a stellar sales performance of RM2.71bil in the first half of its current financial year ending Dec 31, 2021, in spite of the adverse impact of the pandemic on the local property sector.

Local projects contributed RM2.07bil or approximately 77% of total sales during the period, while the remaining RM639mil or 23% was contributed by international projects, mainly from Daintree Residence in Singapore.