S P Setia Berhad is recognised Malaysia’s leading listed real estate player with a proven track record of innovation-driven and standard-setting developments spanning the full spectrum of the property market from master-planned townships to thriving commercial hubs. S P Setia has also won international acclaim as attested by its five year-ranking as Malaysia’s No.1 developer in The Edge Malaysia Top Property Developers Award in 2005, 2006, 2007, 2008 and 2010 – the only developer to have achieved this feat since the inception of the awards.
The Group is well-established in the three key economic centers of Malaysia, namely Klang Valley, Johor Bahru and Penang, with a growing presence in Vietnam since 2007 with its first joint venture development of EcoLakes at My Phuoc. The Group has also expanded its business into Melbourne, Australia and Singapore and is exploring opportunities in China.
S P Setia enjoys an established presence in the Klang Valley through its flagship projects, Setia Alam and Setia Eco Park located in Shah Alam. In Kuala Lumpur, S P Setia has three high-end projects including Duta Nusantara, Duta Tropika in Sri Hartamas and Setiahills in Ampang. In Johor Bahru, it has made its mark through signature developments such as Bukit Indah Johor in Bandar Nusajaya, Setia Indah in Tebrau, Setia Tropika in Kempas and the latest Setia Eco Gardens in Pulai. The Group has also made in-roads into Penang with the Setia Pearl Island project located at Bayan Lepas.
In tandem with its expansion exercise, S P Setia is set to make its presence felt in East Malaysia having clinched a contract to build a state-of-the-art transportation hub in Kota Kinabalu, Sabah and embark on its first project named Aeropod @Tg Aru. Leveraging on the strong demand for commercial and investment grade properties, S P Setia has also expanded into the commercial sector in matured town centers and high-end condominiums in prime city sites.
In June 2007, S P Setia has joined forces with Vietnam’s top state-owned conglomerate, Becamex IDC Corp to develop its maiden residential project in Vietnam. Vietnam is the first cross-border investment destination for S P Setia and marks the start of a new phase of accelerated growth to boost its international profile and enhance future earnings stream.