Change - S P Setia Berhad

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S P Setia Berhad Group
CORPORATE PROFILE
Based on the Group’s vision “To Be the Best in All We Do”, S P Setia’s
commitment to excellence has won the Group recognition as Malaysia’s No. 1
Property Developer for the 4th consecutive year from 2005 - 2008 as ranked
by The Edge, Malaysia’s leading business weekly.
Other achievements in property development include numerous landscape
awards at state and national levels over the years as well as winning the FIABCI
Malaysia Property Award in 2006 for Setia Eco Park, Shah Alam in the Master
Plan Category and Duta Nusantara, Kuala Lumpur in the Low-Rise Residential
Development Category. In 2007 Setia Eco Park went on to win the coveted
FIABCI International Prix d’Excellence Award conferred in Barcelona, Spain.
In 2008, Setia Eco Gardens, Johor won the Best Office Award at the Inaugural
Cityscape Asia Real Estate Awards 2008 as well as the Fiabci Malaysia Property
Award 2008 in the Master Plan Category. In the same year, S P Setia was also
recognised by the World Quality Commitment Body in Paris for its outstanding
commitment to Quality and Excellence, receiving an International Gold Star Award.
Apart from the Group’s property development awards, it has also made it to
the Hewitt Best Employers list twice. The first was in 2003 where S P Setia
was named one of the top 10 Best Employers in Malaysia and 2005 where
the Group emerged as one of the top three employers – the only Malaysian
company amongst the three with the other two being multinationals.
Today, the Group is well-established in all the three key economic centres of
Malaysia, namely Klang Valley, Johor Bahru and Penang. Currently, it has 10
active projects under development with another 10 new projects lined up for
launching in the near future. In the Klang Valley, S P Setia enjoys a strong
presence through its flagship projects in Shah Alam which encompasses the
2,525-acre Setia Alam and 791-acre Setia Eco Park. In Kuala Lumpur, S P
Setia is known for its three high-end projects; two in Sri Hartamas which are
Duta Nusantara and Duta Tropika and Setiahills in Ampang. In Johor Bahru, it
has made its mark through signature developments such as Bukit Indah Johor
and Setia Eco Gardens in the Nusajaya Corridor, Setia Indah Johor in Tebrau
and Setia Tropika in Kempas. In tandem with its expansion exercise, the Group
ventured into Penang with the launch of its maiden project, Setia Pearl Island
located at Bayan Lepas. Leveraging on the strong demand for commercial and
investment grade properties, S P Setia has also expanded into the commercial
sector with its first mixed-used development called SetiaWalk in Puchong and
will be venturing its first into high-end condominium project called Setia Sky
Residences in the Kuala Lumpur City Centre.
Overseas, the Group has a project in Vietnam called Setia EcoLakes. The
residential project is a joint venture between Vietnam’s top state-owned
conglomerate, Becamex IDC Corp. Vietnam is the first cross-border investment
destination for S P Setia, marking the start of a new phase of growth to boost
its international profile and enhance future earnings stream.