Page 9 - S P Setia Annual Report 2013
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Annual Report 2013 S P SETIA BERHAD GROUP Performance review | 7






























an international brand


In 2007, S P Setia made its maiden foray overseas when In April 2012, S P Setia was invited by the Malaysian Government to lead the
Vietnam’s top state-owned conglomerate, Becamex Malaysian consortium formed to jointly develop the China-Malaysia Qinzhou
IDC Corp, chose S P Setia as its joint-venture partner to Industrial Park (QIP).
launch its 558-acre, USD880 million township project.
Known as EcoLakes, this ground-breaking eco sanctuary IN SEPTEMBER OF THE SAME YEAR,
located 40km outside Ho Chi Minh City, was named First
Runner-up in the FIABCI Prix d’Excellence Award for Best S P SETIA ENTERED THE UNITED
Development Master Plan in 2010. Following this success, KINGDOM, ACqUIRING LONDON’S ICONIC
the Group launched a mixed development project called
EcoXuan Lai Thieu in Tuan An District, Binh Doung BATTERSEA POWER STATION THROUGH
Province. A jOINT-VENTURE CONSORTIUM WITH
In 2009, S P Setia established an offce in Singapore and SIME DARBY AND THE EMPLOYEES
two years later, acquired a 29,440 sq ft site to develop PROVIDENT FUND. THE PROjECT HAS
a high-rise condominium called 18 Woodsville. The
successful launch of this project spurred the developer to BEEN A TREMENDOUS SUCCESS WITH
acquire another parcel of land on Chestnut Avenue for the PRODUCTS BEING BROUGHT TO MARKET
luxury high-rise project of Eco Sanctuary.
IN A RECORD-BREAKING FOUR MONTHS
In November 2011, the Group launched its frst project AND AN UNPRECEDENTED 95% SOLD
in Australia, Fulton Lane in Melbourne, to great acclaim.
This high-rise condominium with distinctive architecture WITHIN THREE WEEKS.
provided by the acclaimed Karl Fender of Fender Katsalidis
Architects will enhance the northern end of the CBD by In 2013, the Group launched its second project in Melbourne, this time on the
offering quality dwellings as well as contributing to the upmarket St Kilda Road, for an exclusive luxury apartment development named
city’s unique laneway culture. Parque.
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