Page 53 - S P Setia Annual Report 2013
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Annual Report 2013 S P SETIA BERHAD GROUP Business review | 51

ranges from 1,376 sq ft to 4,118 sq ft and vietnam Eco Sanctuary is a BCA Green Mark Platinum
is designed to provide elegant yet practical standard development and also won 3 awards
living spaces with much privacy in mind. For The Group frst established its foothold in which is 2013 Asia Pacifc Best Apartment,
the year under review, Setia V Residences Vietnam in 2007 and now has two ongoing Singapore 5-star Best Apartment as well as
recorded sales of RM116 million. projects here. They are EcoLakes at My Phuoc Singapore 5-star Best High-Rise Architecture.
and EcoXuan at Lai Thieu. Both developments
saBah contributed a total of RM11 million in sales Meanwhile, 18 Woodsville saw construction
for the year under review. work commence on site in Jan 2013 after
The Group’s maiden project of Aeropod the successful launch in 2012. Both projects
contributed RM90 million in sales for the year sinGaPore contributed a total of RM891 million to total
under review. Strategically located directly Group sales.
opposite Kota Kinabalu International Airport, FY2013 kicked off with the launch of Eco
Aeropod will be the new home of the existing Sanctuary which has achieved close to 75% uniteD kinGDom
Tanjung Aru railway station, which is part of take-up.
the 134km Tenom-Tanjung Aru line formerly The Group’s 40% share of Battersea Power
known as the North Borneo Railway and is The nature-inspired condominium sited along Station contributed signifcantly to sales
the only operational rail transport system in Chestnut Ave, off Upper Bukit Timah Road was numbers in FY2013 amounting to a total of
Sabah. S P Setia will modernise and redevelop well received by locals and overseas investors RM1.358 billion. A groundbreaking ceremony
the train station, which covers about 18 impressed by its tranquil environment laced was held on 4 July 2013 and this was followed
acres. As Kota Kinabalu’s new transport hub, with butterfy trails, dragonfy ponds, sunbirds by the appointment of Carillion as the
Aeropod will mirror KL Sentral in many ways. pavilions as well as panoramic views of the contractors. With Phase 1 almost all sold, the
central catchment reserve. consortium is looking at launching Phase 2
australia in 2014.

Both projects in Melbourne Australia are
doing well. Fulton Lane in Melbourne’s
Central Business District is almost sold out
with building works already commenced.
Meanwhile the Group’s second project called
Parque also received overwhelming response
when it was launched in November 2013.

Fulton Lane and Parque contributed RM542
million and RM443 million respectively in
sales for FY2013.
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