S P Setia Berhad is recognised as Malaysia’s top listed real estate player using a successful history of innovation-driven and standard-setting developments. The strength of the Group lies in its prowess in creating environments that are purposeful predicated on its development KL Eco City doctrine of Live Learn Work Play.
The developer has constructed a solid foundation in Malaysia offering an extensive product range including townships, eco safeties, luxury residences, business parks, commercial and retail developments.
To property development it refocused its core company in 1996 with supporting businesses in building, infrastructure and wood -based production.
Award winning Programmer
S P Setia is the only Malaysian developer to be recognised six times from the International Real Estate Federation (FIABCI) for three Greatest Master Plan Developments, one Best Residential (Low Rise) Development, a Specialised Job (Purpose Built) and a Greatest Retail Development award. The Group has garnered eight FIABCI Malaysia Property Awards.
This feat has not been achieved by any other developer since the beginning of the awards.
A Growing International Existence
In the past seven years, the Group has spread its wings to the Uk, Singapore, Australia and more recently Vietnam.
Following this success, the Group has additionally established a mixed development project called Eco Xuan at Lai Thieu in Tuan A District, Binh Doung Province.
In 2009, S P Setia established an office in Singapore and two years after, the Group obtained a 29,440 sq ft site to develop a high-rise condominium called 18 Woodsville. The successful launching of the project spurred the developer to acquire another parcel of land for the luxurious high rise project of Eco Sanctuary.
In June 2011, the Group previewed its first project in Melbourne called Fulton Lane, a high-rise condominium with identifying architecture provided by the acclaimed Karl Fender of Fender Katsalidis Architects.
The successful launching of Fulton Lane spurred S P Setia to look at more opportunities in Melbourne as well as the Group acquired another piece of land, this time on the upmarket St Kilda Road, additionally for its Parque project in the City of Melbourne.
In April 2012, S P Setia was invited by the Malaysian Government to lead the Malaysian association formed to collectively develop the China-Malaysia Qinzhou Industrial Park (QIP). In September Battersea Power Station was obtained by S P Setia via a joint venture association collectively with the Employees Provident Fund as well as Sime Darby.
Driving the Malaysian Property Sector
S P Setia enjoys a powerful presence in the state of Selangor, Malaysia through its main projects, the 2,525-acre Setia Alam and 791-acre Setia Eco Park. In town of Kuala Lumpur, the developer has built three high end projects which are Duta Nusantara, Duta Tropika and Setiahills.
Leveraging on the strong demand for commercial and investment grade properties, S P Setia has also grown to the commercial sector with projects such as SetiaWalk, Setia Avenue, the first maiden retail mall project of the Group called Setia City Mall along with the approaching KL Eco City.
S P Setia is also well established three other key economic regions in Malaysia, in the state of Johor, Penang and Sabah.