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Wednesday, February 20, 2008

SP Setia’s Eco Gardens rakes in RM23m sales

ECOLOGICALLY FRIENDLY: Liew (third form left) and Topasia projects Sdn Bhd director Gan Cheong Or (third from right) launching Setia Eco Gardens

SP SETIA Bhd, a property developer, has sold houses worth some RM23 million in the maiden launch of its latest township project in Johor.

Setia Eco Gardens, sprawled across 380ha, is an eight-year project located next to the Johor state's new administration centre in Bandar Nusajaya within the heart of the Iskandar Development Region.

It will have some 10,000 houses. The initial sales were from two types of single-storey homes, namely Messius and Sotira, with a starting price of RM185,800. Also, SP Setia sold two models of double-storey houses, comprising Norbana and Visellia, priced at RM249,800 onwards.

"We are very excited to expand the reach of our ecologically friendly development concept to housebuyers in Johor," Tan Sri Liew Kee Sin, group managing director of SP Setia, said in a statement.

The township is adjacent to a secondary forest reserve and it has a natural stream that runs across the site.

By New Straits Times

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