Why is Xperia SL priced so low?

Sri Lanka
March 11, 2013 8:12pm CST
I currently live in Malaysia and RM1200 is the price from Sony for an Xperia SL which is an upgrade of Xperia S which is priced at RM1800. Upgrades have been the CPU (1.5GHz to 1.7GHz) and the colors as well. I am hoping to buy an Xperia for my girlfriend for her birthday, but this looks too good to be true. Is there no issue with the SL?
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