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So we are quite optimistic of the product," Voon said.For Setia Walk, it will launch 800 units of service apartments worth RM280 million to RM300 million in four phases starting September.For Sky Residences, the group is projecting a gross development value of RM850 million, pegging each unit at an average RM850 per sq ft.

It is confident of meeting its RM1.5 billion sales target this year.The apartments come in four designs, with built-up areas ranging from 1,044 sq ft offering a 2 1 layout to 1,679 sq ft offering three bedrooms one utility room one study.Indicative pricing comes at RM800 per sq ft – a steal for this prime area where prices have been known to breach RM2,500 per sq ft.There would be more launches of “Eco” brand residential properties, high-end condominiums as well as integrated commercial properties, he added. “We’re aiming for sales of RM1.8bil for the financial year ending Oct 31 (FY08), of which RM1.5bil will be in Malaysia and the remainder in Vietnam,” Liew said, adding that sales would be RM600mil higher than FY07.SP Setia entered the regional property development scene last year when it signed a joint-venture agreement with Becamex IDC Corp of Vietnam to develop a mixed development project in My Phuoc.

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