Is bk6e simfoni worth to buy ? Still got leg for appreciation? I heard its already 7 years or so

is sp setia taking over the bandar kinrara landbank from inp also? if yes is there a potential for improvement in the township planning and infrastructure?

inp has wasted such a prime location landbank imho

but not much info yet made public for bandar kinrara. inp had just oso just launched another condo project. should stop launching and handover to sps for remaining land for replanning. haha.

anybody can share latest development plan for kinrara? what about the tudm land bought over by syed bukhari? whats happening there? and the land behind the earth ?

KUALA LUMPUR (Nov 16): S P Setia Bhd will focus on enhancing the value of the 4,276 acres of land in the Klang Valley and Johor that it stands to inherit from I&P Group Sdn Bhd once its acquisition of the latter is completed this month.

S P Setia president and chief executive officer Datuk Khor Chap Jen said the group will not be aggressively developing the land in the first half of 2018, but would instead be meticulously planning the development in order to add value.

“We will review all the plans that they have in place, and we think we can add more value to the land,” he said. “Some of their pieces of land are in very strategic places and some are in very matured areas such as in [Bandar] Kinrara.

“These are the things we are going to be focusing on in the next few months, and once [the plans are in order] we will push ahead with the execution,” Khor told reporters after the group’s extraordinary general meeting today.

Khor said the group is confident of achieving its RM4 billion sales target for this year, but acknowledged that there is still work to be done.

“There is a lot of work to be done, especially in these last two months,” he said.

On the sales target for 2018, Khor said it is too early to give a specific figure but shared that it would not be set lower than the 2017 target of RM4 billion.

At the EGM, shareholders unanimously approved S P Setia’s proposed acquisition of I&P for RM3.65 billion from Permodalan Nasional Bhd(PNB) and Amanahraya Trustees Bhd, and its proposed acquisition of a piece of land measuring 342.5 acres in Bangi for RM447.58 million in cash from Seriemas Development Sdn Bhd, an indirect subsidiary of PNB.

The Bangi land acquisition would bring S P Setia’s landbank to 5,452 acres and together with I&P’s landbank, this would translate to a 78.43% increase in S P Setia’s landbank to a total of 9,728 acres.


finally, hopefully sp setia will put some sense and add more value to remaining land banks development in bk.

maybe continue back the missing link to bj and build some additional chinese schools and replace giant with a better brands? exciting time for bk.