ALWAYS striving to connect with the community wherever it sets its footprints is essentially what separates S P Setia Bhd from its peers.
A developer that prides itself on creating homes and communities surrounded by ecological features and sustainable living environments to enrich the lives of its dwellers instead of just shops and houses, it is no wonder then that accolades continue to pour in for S P Setia.
This time at the FIABCI World Prix d’Excellence Awards 2018, S P Setia has garnered a record-breaking three FIABCI World Gold awards, namely in the Affordable Housing Category for its Seri Kasturi Apartment project in Setia Alam; Master Plan Category for its Setia Eco Glades project in Cyberjaya; and Sustainable Development Category for its Eco Sanctuary project in Singapore.
S P Setia has created a record in the 25-year history of the FIABCI World Prix d’Excellence where it garnered three FIABCI World Gold Awards in the same year.
Describing the win as a milestone for S P Setia, its president and chief executive officer Dato Khor Chap Jen said: “We are extremely proud to showcase the Setia brand to the world, and we dedicate this win to our 2,300-strong Team Setia who are our biggest asset.”
Its haul at this year’s awards in Dubai, United Arab Emirates, which brings to tally a record-breaking 10 FIABCI World Prix d’Excellence awards for the Group, in addition to it being a 10-time winner of the FIABCI Malaysia Property Awards, would further boost S P Setia’s position as a reputable world-class developer,” Khor said.
“S P Setia has always been a trailblazer in the property industry in Malaysia.
“We are the country’s leading listed real estate player with a portfolio that encompasses townships, eco-sanctuaries, luxury enclaves, high-rise residences, commercial and retail as well as integrated-mixed and transit-oriented developments.
“This historic win is testament to our impeccable reputation and will further cement our stronghold in the property industry in Malaysia, also leading to more recognition in the international market,” said Khor.
Elaborating on the award-winning projects, Khor said like all projects by S P Setia, each had unique features and unique selling points catering to the needs of discerning buyers.
The Seri Kasturi Apartment, he said, was proof that S P Setia could deliver high-quality homes with modern facilities and conveniences despite its affordable price.
Comprising of four blocks of medium-cost apartments, the project comes with numerous facilities including a clubhouse cum community centre, Olympic-length swimming pool, badminton court and futsal court, to name a few.
Its location is also unparalleled with a neighbourhood mall, commercial and retail centres as well as educational institutions all located nearby.
“When Seri Kasturi Apartment was conceptualised, we challenged ourselves to revolutionise the implementation of affordable housing in a way that was respectful of its occupants’ aspirations.
“Hence, we complemented our quality homes with condominium-level facilities in an impressive setting, paving a better public perception of affordable housing,” he said.
Meanwhile, the RM3bil Setia Eco Glades, a certified Green Township set amidst an abundance of flora and fauna next to the Cyberjaya Lake Gardens, is a showcase of S P Setia’s ability in creating masterpieces to call home.
“Combining residential luxury with eco-consciousness is in fact, our unique expertise,” said Khor, adding that the project is a collection of eight island, each set against individual themed gardens and unique fountains, and comprises of linked-villas, semi-detached homes, bungalows and low-rise island villa suites.
Setia Eco Glades township gradually becomes an international community melting pot which expanding the networking and currently having high occupancy rate from more than 16 different countries all over the world.
A dedicated interchange ensures that Setia Eco Glades is connected to major highways including Maju Expressway Highway (MEX), North South Central Link (Elite), Lebuhraya Damansara Puchong Highway (LDP) and South Klang Valley Expressway (SKVE) which makes travelling more convenient and easily accessible to all residents. In addition, there are two MRT stations which are just 8km from the township.
Located off Upper Bukit Timah Road in Singapore and spanning 1.7 hectares of land, Khor said Eco Sanctuary is a high-rise residential development inspired by nature with its designs emulating the ecology of its lush surroundings.
“Designed to be an icon, Eco Sanctuary takes its cue from the natural surroundings of Bukit Timah Nature Reserve and the Central Catchment of Singapore.
“Elements of nature are visible throughout the development what with its hexagonal-shaped façade, chrysalis-emulated Island Club and even the distinctive Belvedere viewing deck,” he said.
Explaining how S P Setia is deserving of the World Gold Award in Sustainable Development, Khor related that the project had kicked off with an in-depth biodiversity study of the site and its surroundings.
“This was the first step towards planning, not just with the intention to curtail the impact of the development on biodiversity but to strengthen and enhance it.
“A team of consultants and specialists were engaged to conduct the study and provide conservation advice while the landscape design of the site encourages the enhancement of biodiversity by creating a suitable natural environment for the flora and fauna species in the vicinity,” Khor said.
The development, he said, also took into account the existing land profile and through careful planning, minimising the displacement of existing levels.
“Advanced construction methods including precast construction for the superstructure and advanced system formwork allowed us to build efficiently and safely with minimal wastage.
“As a result, Eco Sanctuary was able to meet the stringent requirements of sustainable construction in Singapore and was accorded the BCA Green Mark Platinum Award,” Khor added.
Besides an extensive presence in the three key economic regions of Malaysia, which are Klang Valley, Johor and Penang, as well as having projects in Kota Kinabalu, Sabah, Khor said S P Setia was also developing residential and mixed used development in Australia.
“We are also part of the Malaysian Consortium involved in the rejuvenation of the iconic Battersea Power Station in the United Kingdom,” he said, adding that S P Setia was at the same time present in Vietnam and China apart from Singapore.
“And, while we continue to focus on the mid-range property launches in the local market, we are also open to new ventures as we work towards our ‘18-by-21’ goal which is to achieve RM18bil in market capitalisation by the year 2021,” Khor revealed of the Group’s plans for further expansion beyond Malaysian shores.
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