BUOYED by its strong branding and well designed product offerings, SP Setia Bhd is undeterred by thecurrent bearish property market outlook and has an arsenal of eight new projects, among the other projects lined up for launch this year.
Well regarded for its series of Setia Eco projects, the developer will be launching the sequel for Setia Ecohillcalled Setia Ecohill 2 in Semenyih, and Setia EcoTempler in Rawang. The other Klang Valley projects that will be rolled out this year are Setia Putra Residences in Precinct 15, Putrajaya, Setia Sky Seputeh in Kuala Lumpur, Trio by Setia in BukitTinggi, Klang, service residences at KL Eco City in Kuala Lumpur and DeKiara Rumah Selangorku housing project in Setia Alam.
Setia Sky Ville in Penang, semi-detached bungalows in the sky.
There will also betwo new projects to be launched outside of the Klang Valley – Setia Sky Ville in Jelutong, Penang and Aeropod retail offices in Kota Kinabalu, Sabah.
SP Setia Bhd acting president and CEO Datuk Khor Chap Jen said, “We think that the market will be soft the first half of this year, but it will pick up in the second half of the year. We will continue to offer midpriced range homes and also products for the underserved market. Meanwhile, we are also on an active look out to acquire more land bank.”
In the fast developing corridor of Semenyih, SP Setia will be rolling out Setia Ecohill 2 that is coming up on a sprawling parcel of 1,010 acres adjacent to the ongoing Setia Ecohill 1 township, a self-sustaining township equipped with amenities including schools,commercial and retail units. The accessibility to thecorridor has been given a boost with the opening of the Lekas-Ecohill Link in September 2015.
Trio by Setia at Bukit Tinggi.
Phase one of Setia Ecohill 2 to be launched in May 2016 will have 354 two-storey terrace houses and cluster semi-detached homes. The comfortably sized units with built-up of 1,830 sq ft to 2,150 sq ft will be priced above RM500,000 for a unit of terrace home and above RM600,000 for a unit ofcluster home.
In keeping with this, the carefully manicured landscape environment will treat residents to a unique experience that encapsulates the elements of nature that is present within the development – air, earth and water. Almost 50% of the entire development is dedicated to ample landscape, waterscapes, amenities and infrastructures. The balance 50% of land will comprise mostly residential components with approximately 12% earmarked for commercial components to support the township.
The ultimate goal is to provide a sustainable ecosystem for man and nature while creating a unique mix of environments for different types of activities, all in one township.
Another Setia Eco series project is the gated and guarded Setia EcoTempler to be built on 195 acres in Rawang. There will be two storey Link villas, semi-detached homes and bungalows with built-up of 2,394 sq ft to close to 2,965 sq ft, for the villas, 3,492 and 3,482 sq ft for the semi-detached houses and 4,214 sq ft for the bungalows.
DeKiara, Rumah Selangorku, located in the matured township of Setia Alam.
Located amidst limestone hills, misty mountains and rolling hills, crafted creeks and rainforest reserves, the project boasts of a naturally breezy ambience.
It is modelled after Setia Eco Park and Setia Eco Glades projects, where the sustainable and eco features within the development will captivate nature lovers.
The township is embraced by the natural tropical rainforest of Templer Rainforest Reserve and Kanching Rainforest Reserve.
“It is a green paradise that incorporates exclusive residential development, a handicraft centre, a commercial centre and recreational areas. Setia EcoTempler ensures tranquillity, in a cool, breezy and lush setting,” Khor added.
Fancy making the tallest building in Putrajaya your home? Setia Putra Residences in Precinct 15, at 40 storeys high, will provide a spectacular bird’s eye view to the residents.
Build for the discerning city dwellers, Setia Putra Residences represents the city’s fashionable address. It houses a range of superbly designed condominiums, each madeto optimisecomfort and convenience.
Chill out at the Sky Garden while taking in the panoramic view of Putrajaya. The club house showcases artfully crafted water features, wading and swimming pools, reflexology path and playground. There is even a kindergarten for the little ones to learn and grow. Located near all the major highways, travelling to and from Setia Putra Residences will be a breeze. Another high-rise escapade is Setia Sky Seputeh on 4.8 acres in Kuala Lumpur. This high-end condominium project offers 290 exclusive semi-detached residences with six varying layout ranging from 2,300 sq ft to 3,000 sq ft. There are only six units per floor and each floorcomes with a private lift lobby ensuring privacy for residents.
It is located within a 500-metre walking distance to Mid Valley Megamall and easy access to Bangsar, Damansara Heights and KL Sentral.
In BukitTinggi, Klang, Trio by Setia is a service apartment project with built-up of 600 sq ft to 1,200 sq ft that are priced from RM450,000. The units are targeted at first-time buyers and young adults seeking an integrated lifestyle. Facilities provided include a terraced facility deck, swimming pool, gym and scenic garden. It is located near the country’s largest AEON shopping complex and the proposed LRT station in Klang. SP Setia’s KL Eco City will be upped another notch with the introduction of a new 40-storey hotel and a block of service residences. Comprising two wings, they are seamlessly integrated.
The 25-acre integrated mixed-use development along Jalan Bangsar is developed on a master plan that presents many industry-first features. In developing a vision for “The City ofTomorrow”, it is designed to fulfil three key requirements – connectivity, integration and sustainability. The new KL Eco City Integrated Rail Hub will be instrumental in helping to reduce carbon footprints by nurturing the use of public transport. The hub will include the existing Abdullah Hukum LRT Station and the new KTM Komuter station. It is also linked to The Gardens and Mid Valley Megamall via a pedestrian bridge.
DeKiara will showcase three blocks of 737 Rumah Selangorku apartments. Located near Setia Alam’s well-established apartment series, the 800 sq ft units will be priced at RM170,000. In Penang, Setia Sky Ville in Jelutong will feature 550 condominiums of 1,036 sq ft to 1,424 sq ft, with an indicative price of RM750,000 onwards.
Located in the mature township of Jelutong in Georgetown, the project will feature semi-detached bungalow layout in the sky. In Kota Kinabalu, Sabah, Aeropod is offering boutique retail offices for sale. With sizes of 1,200 sq ft to 1,594 sq ft, they are priced at an average of RM882 per sq ft. Aeropod, a 60-acre mixed-use development, is poised to be the largest integrated linearcity in Kota Kinabalu.