PETALING JAYA: S P Setia Bhd is on track to achieve its 2020 sales target of RM3.8bil, considering that the company had already secured new sales and bookings of RM2.9bil and RM1.8bil respectively as at Oct 31,2020.
TA Securities in a report yesterday said sales momentum has been encouraging, as buyers are taking advantage of the current low interest rate environment and incentives offered under the Penjana initiative.
“Demand for landed property remains resilient as we saw recent launches at Alam Impian and Setia Alam achieving commendable take-up rates of more than 90%.
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