S P Setia Scores Double Win At Malaysia Property Award

PETALING JAYA: S P Setia Bhd secured a double win at the Malaysia Property Award (MPA) 2021, making it the 14th time that the property developer has won an MPA award and the company with the most wins.

The award is annually held by the International Real Estate Federation Malaysia Chapter (FIABCI-Malaysia). S P Setia’s KL Eco City (KLEC) won the award for the mixed-use development category while Setia Marina 2, Setia Eco Glades in Cyberjaya claimed the residential (low rise) category.

Acclaimed for its seamless connectivity and accessibility, KLEC is the first integrated green development to meet Malaysia’s Green Building Index (GBI). The development aims to facilitate economic growth for businesses and retail outlets as it builds business opportunities and communities.

KLEC’s integrated rail hub runs along the Abdullah Hukum light rail transit (LRT) station and the KTM Komuter station, providing easy access to the Klang Valley. It also links pedestrians to the Gardens, Mid Valley City via its pedestrian link bridge. 

As for the residential low rise category, Setia Marina 2 is a development designed with Balinese, Victorian and Peranakan cultures in mind.

Setia Eco Glades is also designed to meet the criteria for the GBI certification, with a total of 40 acres of parks and 40 acres of water bodies, sustaining its own ecosystems for native flora and fauna.

The guarded township utilises rainwater harvesting, LED lighting and eco-friendly paint as part of its efforts to be greener and reduce its carbon footprint. 

“Being recognised for our efforts in developing conducive places for both the environment and the community has shown the importance of building sustainably. We are honoured to achieve our 14th win at the FIABCI MPA after receiving the two awards and will continue to strive to deliver innovative and sustainable solutions to our home buyers and investors,” S P Setia executive vice president Datuk Tan Hon Lim said.

SP Setia is also the only Malaysian developer to have received 13 FIABCI World Gold Prix d'Excellence Awards by FIABCI.