Boom town Charlie!!
SP Setia sold RM4.23bn worth of new properties, beating its ambitious FY12 target by 5%. The strong sales from the Klang Valley projects were not unexpected but a big eye-opener was SP Setia’s RM1.35bn sales in Johor, which towers over the competition in Johor and indicates that the group is the biggest beneficiary of Iskandar Malaysia's take-off. Also surprising was the RM1,000 psf pricing for the group's condominium project in Johor Bahru, the highest ever in Johor state's capital. Tan Sri Liew is very bullish about Iskandar Malaysia and believes that it will be "boom town Charlie" for the next five years.
price anyhow or anyhow price to sell, of course laughing to the bank..