Who We Are
S P Setia Berhad is recognised as Malaysia’s leading listed real estate player with a proven track record of innovationdriven and standard-setting developments. The Group’s strength lies in its prowess in creating meaningful environments based on its development philosophy of Live Learn Work Play.
S P Setia is the only Malaysian developer to be recognised five times by the International Real Estate Federation (FIABCI) for three Best Master Plan Developments, one Best Residential (Low-Rise) Development and a Specialised Project (Purpose-Built) award.
Locally, the Group has garnered eight FIABCI Malaysia Property Awards. Best Retail Development for Setia City Mall in 2013; two Best Residential (Low-Rise) Developments won by Setia Eco Park in 2010 and Duta Nusantara in 2006; three Best Master Plan Developments won by Setia Eco Park in 2006, Setia Eco Gardens in 2008 and Setia Alam in 2012; one award for Specialised Project (Purpose-Built) won by Setia Eco Gardens in 2011 and the Property Man of the Year Award given to its CEO Tan Sri Liew Kee Sin in 2007.
Apart from the Group’s property development awards, it also made it to the Aon Hewitt Best Employers list five times in 2003, 2005, 2009, 2011 and 2013. In 2011, the Group also emerged as the Overall Best Employer in Malaysia and among one of the Best Employers in Asia Pacific. In 2013, the Group was recognised as Malaysia’s Best of the Best Employer in the same study.
A Growing International Presence
S P Setia’s foray overseas began in 2007 when Vietnam’s top state-owned conglomerate, Becamex IDC Corp, chose S P Setia as its joint venture partner to launch its 558-acre, USD880 million GDV township project. Known as EcoLakes at My Phuoc, this ground breaking eco sanctuary located 30km outside Ho Chi Minh City was named First Runner-up in the FIABCI Prix d’Excellence Award for Best Development Master Plan in 2010.
In 2009, S P Setia established an office in Singapore and two years later, the Group acquired a 29,440 sq ft site to develop a high-rise condominium called 18 Woodsville. The successful launch of this project spurred the developer to acquire another parcel of land for the luxury highrise project of Eco Sanctuary.
In June 2011, the Group previewed its first project in Melbourne called Fulton Lane. This high-rise condominium with distinctive architecture provided by the acclaimed Karl Fender of Fender Katsalidis Architects is expected to enhance the northern end of the CBD by offering quality dwellings.
Driving the Malaysian Property Sector
S P Setia enjoys a strong presence in the state of Selangor, Malaysia through its flagship projects, the 2,525-acre Setia Alam and 791-acre Setia Eco Park. In the city of Kuala Lumpur, the developer has built three high-end projects which are Duta Nusantara, Duta Tropika and Setiahills.
S P Setia is also well established in the state of Johor, Penang and Sabah, three other key economic regions in Malaysia.