As for June this year, the group has about 9,600 acres of undeveloped land in Malaysia with an estimated gross development value of RM155.94 billion, which, Khor says, will keep it busy for many years. However, it will add to its land bank if "there is a deal we cannot refuse". Overall, the group has held steady despite the soft local market, the surprise additional buyer's stamp duty (ABSD) in Singapore and Brexit.
Friday, 08 February 2019 15:28
November 5, 2018, The Edge Malaysia - Weathering The Challenges
- Best Practices Type: Newsclips
- Industry: Construction
- Company Name: SP Setia Bhd Group
- Geographical: Selangor
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Define the business concept and long-term vision
