S P Setia clinched a double win at the FIABCI MPA 2021. Image from: S P Setia

S P Setia secures its position as the property developer with the most FIABCI Malaysia wins by clinching a double win at the FIABCI Malaysia Property Award (MPA) 2021 on 29 March 2022 at One World Hotel, Petaling Jaya, making the property developer a fourteen-time FIABCI MPA winner.

Winning the award for the Mixed-Use Development category is KL Eco City (KLEC) in Kuala Lumpur, while Setia Marina 2, Setia Eco Glades in Cyberjaya claimed the Residential (Low Rise) category. The projects are recognised for not only their architecture and design, but also the environmental impact and community benefits they have contributed in the real estate industry.

“Being recognised for our efforts in developing conducive places for both the environment and the community has shown the importance of building sustainably. We are honoured to achieve our 14th win at the FIABCI MPA after receiving the two awards and will continue to strive to deliver innovative and sustainable solutions to our homebuyers and investors,” said S P Setia Executive Vice President Datuk Tan Hon Lim.

About KL Eco City

KL Eco City awarded Mixed-Use Development for FIABCI MPA 2021. Image from: S P Setia

Being Malaysia’s first integrated green development to meet the criteria of Malaysia’s Green Building Index (GBI), the 25-acre KLEC makes its statement as a sustainable and one of the most advanced mixed developments in Malaysia within Kuala Lumpur’s ‘New Golden Triangle’ along the prime location of Jalan Bangsar, next to Mid Valley City.

KLEC offers seamless connectivity and excellence accessibility, making it the heart of economic growth for businesses and retail outlets here as it builds business opportunities, brings communities together and draws footfall to the development. KLEC’s Integrated Rail Hub comprises the Abdullah Hukum LRT station adjoining the KTM Komuter station which provides easy access to and from the Klang Valley to those working or living in the development. It also conveniently links pedestrians to The Gardens, Mid Valley City via its pedestrian link bridge.

About Setia Marina 2, Setia Eco Glades

Setia Marina 2, Setia Eco Glades awarded Residential (Low Rise) at FIABCI MPA 2021. Image from: S P Setia

Setia Marina 2 in Setia Eco Glades, Cyberjaya is an amalgamation of three island phases – the Balinese-inspired Charms of Nusantara, Sanctuary of Western Heritage with a Victorian theme and the Peranakan-influenced Sanctuary of Eastern Heritage. Making up a total of 23.38 acres of the township, each phase is carefully curated to portray the beauty and heritage of different cultures.

Nestled in S P Setia’s Eco-series township Setia Eco Glades which is built on what was once a swamp land, Setia Marina 2 itself contributes to 5.86 acres of green area. The township offers a total 40 acres or parks and gardens and 40 acres of water bodies with 8 unique fountains, creating and sustaining mini-ecosystems for native flora and fauna. Setia Eco Glades is also master-planned to meet the criteria of the Green Building Index (GBI) certification, making its statement as a sustainable development. Apart from that, the gated and guarded township utilises rainwater harvesting, LED lighting and eco-friendly paint as part of its efforts to be greener and reduce carbon footprint.

About S P Setia

Since its incorporation in 1974, S P Setia has been a household name in the property development industry. The Group is recognised as one of Malaysia's leading listed real estate players with a portfolio that encompasses townships, eco-sanctuaries, luxury enclaves, high-rise residences, commercial and retail developments.

S P Setia is the only Malaysian developer to have received thirteen FIABCI World Gold Prix d'Excellence Awards by the International Real Estate Federation (FIABCI) and fourteen FIABCI Malaysia Property Awards to date. In 2020, S P Setia was ranked No.1 in The Edge Malaysia Top Property Developers Awards for a record-breaking 13th time, the only developer to have achieved this feat since the inception of the awards.

The Group is well-established in Malaysia's three key economic centres, namely Klang Valley, Johor Bahru and Penang, and has a project in Sabah. Its international reach now includes six countries: Vietnam, Australia, Singapore, China, the United Kingdom, and Japan.

As of 31 December 2021, the Group has 48 ongoing projects, with effective remaining land banks of 7,237 acres valued at a Gross Development Value of RM122.4 billion and total unbilled sales of RM10.2 billion. 

(4 April 2022)