Page 20 - S P Setia Annual Report 2016

 

 

 

 

 

Page 20 - S P Setia Annual Report 2016
P. 20

18    S P Setia Berhad Group                                 Our Business | Our Performance Review | Our Leadership and People
                Annual Report 2016                                        | Our Achievements and Accolades | Our Sustainability Statement
                                                                         | Our Governance | Our Financial Statements | Other Information




          Management Discussion and Analysis


            In 2016, the Group brought the first gated and guarded eco-themed township development to
            the underserved communities of Selayang and Rawang, with the launch of our maiden phase

            at Setia Eco Templer.







































             Setia Eco Templer Clubhouse, Templer’s Park



















             Overwhelming response for the first phase of Setia Eco Templer
          In 2016, the Group brought the first gated   88% was  taken up  during that weekend
          and  guarded  eco-themed  township  and the first phase was sold out within a
          development  to   the   underserved  few short months. This contributed RM276
          communities of Selayang and Rawang, with   million in sales to the Group in FY2016.
          the launch of our maiden phase at Setia
          Eco Templer. The project site of Setia Eco   With Setia Eco Templer, we continued to
          Templer spans an area of 195 acres and has   collect  accolades  by  winning the  Design
          a total GDV of RM2.0 billion. At launch, we   Excellence Award at the Malaysian Institute
          received overwhelming response where   of Planners Planning Excellence Awards
                                              (“MIPPEA”) 2016.                         Legend of Nine Creeks
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