S P Setia is a very famous brand in the property development industry. It has a huge land bank and if I remember correctly, they are still within the largest few developers when it comes to landbanks here in Malaysia. If we look at just the sales numbers, S P Setia are one of the few developers who could do a billion ringgit of sales every quarter or less. I personally rate any developer who’s selling over RM1 billion per quarter as huge and reflects the property market closely.
Why Analysts Favor S P Setia for Growth
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