Page 29 - S P Setia Annual Report 2016

 

 

 

 

 

Page 29 - S P Setia Annual Report 2016
P. 29

S P Setia Berhad Group                                 Our Business | Our Performance Review | Our Leadership and People   27
          Annual Report 2016                                        | Our Achievements and Accolades | Our Sustainability Statement
                                                                   | Our Governance | Our Financial Statements | Other Information




                                                                              Management Discussion and Analysis




                                                                                     9-Time Winner


                                                                                     Ranked No. 1 at The Edge
                                                                                     Malaysia Top Property
                   7-Time Winner                                                     Developers Awards 2016


                   Winner of FIABCI World Prix
                   d’ Excellence Awards 2016
                   S P Setia Corporate HQ -
                   Sustainable Development
                                                                                           7-Time Winner

                                                                                           Best Employer in
                                                                                           Malaysia 2016







            During the year under review,

            we garnered 22 awards                                                                  Malaysia Construction
                                                 Malaysian Institute                               Industry Excellence
            locally and internationally          of Planning Planning                              Awards 2016
                                                 Excellence Awards 2016                            Special Awards (IBS)
            for our achievements.                Setia Eco Templer -
                                                 Design Excellence Award
                                                                                                    Malaysia Landscape
          Awards and Accolades
                                                                                                    Architecture
                                                                                                    Awards (“MLAA”)
          During the year under review, we garnered                                                 Lepironia Gardens,
          22 awards locally and internationally for                                                 Setia Eco Glades
          our achievements and in recognition of our                                                Project of the Year
          brand, products, commitment to our capital
          resources, quality and value creation.

          Among the numerous prestigious awards
          received, S P Setia returned to rank No.
          1 in The Edge Malaysia Top Property   Our Prospects for 2017             Our pipeline of unbilled sales  stands at
          Developers Awards 2016. This award is in                                 RM8.25 billion. We have 30 ongoing projects
          recognition  of  outstanding quantitative   We have set a sales target of RM4.0 billion   and an effective remaining land bank of
          and qualitative attributes such as quality   for FY2017, of which 77% is expected to   5,218 acres with a GDV of RM76.48 billion
          of products, innovation, value creation,   come from local  projects. In  total, we   as of 31 December 2016. This large pipeline
          market perception and expertise of property   expect to launch 7,355 units of housing units   of unbilled sales that will be delivered within
          developers in Malaysia.             ranging from affordable high-rise residential   the next few years provides good profit
                                              towers to landed mid-range to high-end   visibility for the Group and augurs well with
          We were also honoured with the 7th Aon   homes and condominiums with a combined   regard to the challenging market conditions
          Hewitt’s Best Employers Award and a   GDV of RM5.41 billion. We are convinced   we are facing.
          Commitment to Employee Engagement   that the underlying demand is still strong
          Award. In delivering on our promise to be   and we will be  launching  many exciting   We are confident that the Group will remain
          the “Best in All We Do”, S P Setia recognises   and innovative campaigns to reach out to   in good stead to perform resiliently in the
          the importance of placing our employees   property purchasers.           current financial year ending 31 December
          at the forefront of its list of commitments                              2017 against prevailing market challenges
          to ensure that Team Setia will be able to                                and uncertainties.
          perform at its best at all times.
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