Page 48 - S P Setia Annual Report 2013
P. 48

46 | Business review S P SETIA BERHAD GROUP Annual Report 2013


















review of


oPerations






PROPERTY DEVELOPMENT CONTINUES TO BE THE MAIN DRIVER OF
EARNINGS FOR THE GROUP RECORDING 92% OF THE TOTAL TURNOVER
OF RM3.061 BILLION IN FY2013. THE REMAINING 8% WAS CONTRIBUTED

BY THE GROUP’S CONSTRUCTION AND MANUFACTURING ARM.


PROjECTS IN THE CENTRAL REGION CONTRIBUTED 31% OF EARNINGS
WHILE THE SOUTHERN REGION CONTRIBUTED 37% FOLLOWED BY

THE NORTHERN REGION AT 6%. ANOTHER 6% WAS CONTRIBUTED BY
THE INTERNATIONAL DIVISION WHILE THE COMMERCIAL DIVISION
CONTRIBUTED 12% TO EARNINGS.



klanG valley In FY2013, Setia Alam recorded sales of RM790 setia eco Park, shah alam
million with the launch of several new products The multiple award-winning Setia Eco Park
It was another record-breaking year for which include Duta Villa, Trefoil and several continued to draw discerning buyers to this
our projects in the Klang Valley with total blocks of medium-cost apartments. 791-acre exclusive enclave. Setia Eco Park
combined sales of RM2.84 billion contributed recorded sales of RM163 million for the year
by eight projects which were Setia Alam, Setia With a growing community of more than under review.
Eco Park, Setia Sky Residences, SetiaWalk, KL 40,000 residents, the township continued on its
Eco City, Setia Eco Glades, Setia EcoHill and community building activities from celebrating Continuously adding value for its residents
Putrajaya. major festivals together to recycling campaigns and purchasers, Setia Eco Park’s multipurpose
and neighbourhood get-togethers. hall which can house up to 1,000 guests has
setia alam, shah alam been completed and is scheduled to open its
The 2,525-acre Setia Alam came full circle this Meanwhile, Setia Alam’s new commercial hub doors in the frst quarter of 2014.
year by winning the FIABCI International Prix of Setia City which includes the Setia City Mall
d’Excellecne Awards held in Taichung, Taiwan. and Setia City Convention Centre saw a slew of Meanwhile, the current concourse area has
S P Setia’s fagship township that embodies activities this year. This included the completion been given a facelift and is now known
the developer’s development philosophy of of S P Setia’s new corporate headquarters and as the Lifestyle Coffee House. Re-opened
Live Learn Work Play has blossomed over the the beginning of works for Top Glove’s new in December, the place saw new F&B
last decade to become one of the most sought headquarters with several other offce towers tenants being introduced with activities like
after townships to live in. expected to follow suit soon. ladies appreciation nights and live band
performances taking place on weekends.
At the same time, a wellness and specialist
   43   44   45   46   47   48   49   50   51   52   53