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58 | S P SETIA BERHAD GROUP | Annual Report 2014

KlangValley

Our projects in Klang Valley recorded

strong sales performance with a total

combined sales of RM2.1 billion despite

the challenging environment in 2014. The

projects contributed to this sales are Setia

Alam, Setia Eco Park, Setia Sky Residences,

KL Eco City, Setia Eco Glades, Setia EcoHill

and Setia Putrajaya.

Setia Alam, Shah Alam

S P Setia’s flagship township personifying

our philosophy of LiveLearnWorkPlay, the

2,525 acre Setia Alam continues to grow

with the addition of Seri Mutiara apartment

and Setia Taipan II shop lot, both of which

are fully taken up. On top of that, Setia Alam

also saw the launch of The Circle Collection,

comprising completed semi-detached and

bungalow units.

With amenities such as Setia City Mall,

Setia City Convention Centre and various

commercial centres packed with F&B

outlets and convenience store in place, Setia

Alam township was further equipped with

the completion of the access road (P11) at

the northern part of the township. The year

also saw the handover of Seri Jati and Seri

Baiduri Apartment to the respective owners.

S P Setia Berhad’s corporate headquarter

was also completed and the relocation of

Team Setia to our new corporate office was

completed by Q1 of 2014.

With a growing community at Setia Alam,

our team continues to cultivate sustainable

values among residents with activities such

as the monthly recycling campaign. The

community brings in recyclable items such

as newspaper, paper and aluminium cans

every month.

Setia Eco Park

The multiple award-winning Setia Eco Park

continue to draw discerning buyers with

its Eco concept. In 2014, Setia Eco Park

recorded a sales of RM 133.8 million for the

year under review.

Setia Eco Park launched the Nusantara

Series comprising 16 units of 2-storey semi-

detached homes (sold out) and sold 23 out

of 27 units of 2-storey bungalow homes.

Setia Eco Park was also awarded Honours

Award by the Institute of Landscape

Architects Malaysia (ILAM) Property

Developer Award for its carefully crafted

landscaping at Rymba Creek.

In the year under review, Setia Eco Park

rebranded its ‘Wellness Hub’ to ‘Lifestyle

Hub’ – which houses Ko Skin Specialist,

R.E.A.L Kids, a lifestyle coffee house which

saw the addition of 2 new tenants; My Hani

Corner and Eco Park Impian Maju.

SetiaWalk, Pusat Bandar Puchong

SetiaWalk marked S P Setia’s foray into the

arena of commercial developments in year

2008. An innovative all-in-one development,

where one embrace the live, learn, work

& play philosophy all under the same

review of

operations

III. business Review

Setia Eco Park

Setia Alam