SP Setia and Pearl Island, Penang
I am going to talk about SP Setia because of two reasons here, its housing project in Penang, Pearl Island and its share.
SP setia was voted as Asian best 200 companies under a billion in Forbes 2006 report. Although its share prices have hit historical high of more than RM9.00 recently and dropped to RM 7.35 later, I still think you should put an eye on this share if you are interested to buy some shares in property sector.
About its Pearl Island project in Penang. It's an innovative development concept comprises of 3-storey terrace houses displaying modern tropical facades surrounded by lush greenery and serene landscaping. Isle of Life showcases nature-inspired architecture with breathtaking lake view and facilities. The magnificent 5-Bedroom villas are built with charming and vibrant quality. The purchase price starts from RM 600,000. It comes with two master bedrooms which emphasizes 2-generations living to preserve family unity. The Isle of Aroma is a paradise for homes nestled among lovingly tended hibiscus garden, lily flowers and fragrant flowers. Our impressive creation of Show Village, namely Isle of Palm is an exclusive and splendid area for nature lovers. Lushful trees, shrubs of pines, spruces and firs decorate the surroundings of the idyllic homes.