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S P Setia Bhd’s 1,235-acre Setia AlamImpian has many things going for it. Strategically located in Shah Alam, its homes are freehold with individual titles, and it is a well-planned development with seven arts-themed landscaped precincts — Performing Arts, Fine Arts, Musical Arts, Digital Arts, Cinematic Arts, Industrial Arts and Minimalist Arts.
Launched in November 2006 by I&P Group Sdn Bhd as Alam Impian, Setia AlamImpian today continues to thrive and grow under S P Setia as its new flagship development, following the merger of the I&P Group with S P Setia in 2017.
The appeal of the township is reflected in its latest projects. For instance, all 103 shopoffices at Impian Prisma 2 have been fully sold since they were launched in August 2022. Completion is expected in 2025. This follows the successful Impian Prisma, which comprises 48 shopoffices that are currently fully occupied.
An ongoing project is Casablanca 2, which comprises 64 cluster homes, that has been 94% sold since its launch in September 2022, with handover scheduled for this year. Casablanca 3, comprising 60 units of cluster homes and 12 semidees, has been 60% taken up since its launch in June 2023. Completion is scheduled for November 2025.
The township currently has over 3,500 completed residential properties and a population of more than 14,000.
More recently, the township unveiled its brand new LakePoint Complex — comprising LakePoint Central (retail centre), LakePoint Club (clubhouse) and LakePoint Gallerie (sales gallery and office) next to and integrated with the new and improved LakePoint Park (31-acre park and lake) — complete with landscape and infrastructure enhancements.
Zaili: The township’s transformation is to cater to the current and future markets. We believe this will continue to position Setia AlamImpian as a highly sought after township in Shah Alam and the Klang Valley.
The developer expects the complex to attract visitors from local and neighbouring communities, and targets to receive monthly footfall of 10,000 to 12,000.
According to S P Setia general manager Datuk Muhamad Zaili Muhammad Yusof, the new additions and enhancements are all part of a rebranding exercise that started in 2021, following the merger. “The township’s transformation is to cater to the current and future markets. We believe this will continue to position Setia AlamImpian as a highly sought after township in Shah Alam and the Klang Valley.”
Reflecting the transformation of Setia AlamImpian, the township’s original tagline “Township of the Arts” has been changed to “Arts Inspired Living”. “This reflects our mission to position Setia AlamImpian as a desirable, wholesome township that is artistically pleasant for all; a place for people to call a sanctuary, a place for growth, a place where everything works, and a place for the creation of joyous moments,” says Zaili.
Situated within the Digital Arts commercial precinct, the components of the LakePoint Complex were completed in the second half of last year.
The complex will be the township’s main hub, says Zaili. “With three components — retail, clubhouse and sales gallery — the complex is meant to serve the residents of Setia AlamImpian as well as the public.”
The 2-storey LakePoint Central, which offers 28,038 sq ft of net lettable retail space, is currently 83%
occupied by local tenants comprising F&B outlets (JomPa Café, RAWi Authentic Fusion Cuisine, The Gorpis Kafe and Frosted by Sheena). Other tenants include a wellness centre (DBC Physiotherapy), a grocer and anchor tenant (Urban Marketplace), hair and beauty salon (Adanis), fashion boutique (RHR Xcluseev) as well as an art gallery by UiTM (Crystal Art Gallery).
“We collaborated with UiTM Shah Alam’s College of Creative Arts to establish an art gallery at LakePoint Central. This will allow them to establish their presence in line with the township’s theme of ‘Arts Inspired Living’ and also allow residents to commission painting and purchase artworks of various forms for their homes,” Zaili says. “The college will also help establish an art village at LakePoint Park, offering merchandise and art activities.
Meanwhile, there are two available retail lots for lease at LakePoint Central. We are still looking for the right tenant mix,” he adds.
The completion of LakePoint Central fills a gap and meets the demand for retail offerings within the township, says Zaili. “Before the completion of LakePoint Central and Impian Prisma (48 units of 2-storey shopoffices), residents of the township did not have many options in terms of retail outlets, especially F&B and grocers. Now, residents don’t have to travel out for their daily necessities.”
The retail space also boasts an al fresco terrace with seating spaces that overlook the central park. “Apart from accommodating community events and activities — such as FitBeat Sunday, a poundfit workout activity that is currently held on two Sundays a month — this space offers a good view of the park’s musical fountain. There are three shows a day on Fridays, weekends and public holidays.”
The exclusive LakePoint Club offers state-of-the-art facilities for residents. “The purpose of introducing the clubhouse is to promote a healthy lifestyle among the residents in line with Setia AlamImpian’s value propositions and sustainable development goals (SDGs),” says Zaili.
The facilities offered include four badminton courts, a futsal court, an Olympic-size infinity swimming pool, wading pool, sauna, dance studio, games room, a gym overlooking LakePoint Park and a grand ballroom that can accommodate up to 1,000 people for various functions and events. The badminton and futsal courts and the grand ballroom are open to the public but the other facilities are exclusive to residents.
Seamlessly integrated with the LakePoint Complex, the scenic LakePoint Park — comprising a 14-acre lake and 17-acre park — is now open to visitors after its closure in mid-2018 for upgrading works. Apart from the musical fountain, other key attractions are a jogging and walking track, skate park, tricycle/bicycle park, children’s playground, the Expression Bridge and open amphitheatre.
“We’ve reshaped and redesigned the park, turning it from a passive park into an active one, and incorporating art-themed features such as musical instruments and sculptures,” says Zaini. “We have also installed solar-powered lighting for the park so people can jog at night. This is in line with our ESG (environmental, social and governance) initiatives.”
S P Setia plans to offer a wider, more differentiated range of products at Setia AlamImpian. It will build a new phase of premium resort-style semidees and bungalows within the Cinematic Arts precinct. The 40 units of semidees are scheduled to be launched in 4Q2024 and the four individually designed bungalows will be launched in 2025.
Other upcoming launches this year include that of Casablanca 4 (60 units of cluster homes, 10 semidees) and Ferrous 3 (101 units of 2-storey terraced houses) in June, and Hamlet (60 units of cluster homes) and Ferrous 4 (146 units of 2-storey terraced houses) in 3Q and 4Q respectively.
Ongoing projects include Ferrous 2 (116 units of 2-storey terraced houses; 40% taken up) and Ferrous (136 units of 2-storey terraced homes; fully sold). Both are targeted for completion in 2025.
About half of the township has been developed and S P Setia estimates that it will be fully completed by 2036 with a total of 20,000 residential units and a population of more than 80,000.
S P Setia Bhd’s 1,235-acre Setia AlamImpian has many things going for it. Strategically located in Shah Alam, its homes are freehold with individual titles, and it is a well-planned development with seven arts-themed landscaped precincts — Performing Arts, Fine Arts, Musical Arts, Digital Arts, Cinematic Arts, Industrial Arts and Minimalist Arts.
Launched in November 2006 by I&P Group Sdn Bhd as Alam Impian, Setia AlamImpian today continues to thrive and grow under S P Setia as its new flagship development, following the merger of the I&P Group with S P Setia in 2017.
The appeal of the township is reflected in its latest projects. For instance, all 103 shopoffices at Impian Prisma 2 have been fully sold since they were launched in August 2022. Completion is expected in 2025. This follows the successful Impian Prisma, which comprises 48 shopoffices that are currently fully occupied.
An ongoing project is Casablanca 2, which comprises 64 cluster homes, that has been 94% sold since its launch in September 2022, with handover scheduled for this year. Casablanca 3, comprising 60 units of cluster homes and 12 semidees, has been 60% taken up since its launch in June 2023. Completion is scheduled for November 2025.
The township currently has over 3,500 completed residential properties and a population of more than 14,000.
More recently, the township unveiled its brand new LakePoint Complex — comprising LakePoint Central (retail centre), LakePoint Club (clubhouse) and LakePoint Gallerie (sales gallery and office) next to and integrated with the new and improved LakePoint Park (31-acre park and lake) — complete with landscape and infrastructure enhancements.
Zaili: The township’s transformation is to cater to the current and future markets. We believe this will continue to position Setia AlamImpian as a highly sought after township in Shah Alam and the Klang Valley.
The developer expects the complex to attract visitors from local and neighbouring communities, and targets to receive monthly footfall of 10,000 to 12,000.
According to S P Setia general manager Datuk Muhamad Zaili Muhammad Yusof, the new additions and enhancements are all part of a rebranding exercise that started in 2021, following the merger. “The township’s transformation is to cater to the current and future markets. We believe this will continue to position Setia AlamImpian as a highly sought after township in Shah Alam and the Klang Valley.”
Reflecting the transformation of Setia AlamImpian, the township’s original tagline “Township of the Arts” has been changed to “Arts Inspired Living”. “This reflects our mission to position Setia AlamImpian as a desirable, wholesome township that is artistically pleasant for all; a place for people to call a sanctuary, a place for growth, a place where everything works, and a place for the creation of joyous moments,” says Zaili.
Situated within the Digital Arts commercial precinct, the components of the LakePoint Complex were completed in the second half of last year.
The complex will be the township’s main hub, says Zaili. “With three components — retail, clubhouse and sales gallery — the complex is meant to serve the residents of Setia AlamImpian as well as the public.”
The 2-storey LakePoint Central, which offers 28,038 sq ft of net lettable retail space, is currently 83%
occupied by local tenants comprising F&B outlets (JomPa Café, RAWi Authentic Fusion Cuisine, The Gorpis Kafe and Frosted by Sheena). Other tenants include a wellness centre (DBC Physiotherapy), a grocer and anchor tenant (Urban Marketplace), hair and beauty salon (Adanis), fashion boutique (RHR Xcluseev) as well as an art gallery by UiTM (Crystal Art Gallery).
“We collaborated with UiTM Shah Alam’s College of Creative Arts to establish an art gallery at LakePoint Central. This will allow them to establish their presence in line with the township’s theme of ‘Arts Inspired Living’ and also allow residents to commission painting and purchase artworks of various forms for their homes,” Zaili says. “The college will also help establish an art village at LakePoint Park, offering merchandise and art activities.
Meanwhile, there are two available retail lots for lease at LakePoint Central. We are still looking for the right tenant mix,” he adds.
The completion of LakePoint Central fills a gap and meets the demand for retail offerings within the township, says Zaili. “Before the completion of LakePoint Central and Impian Prisma (48 units of 2-storey shopoffices), residents of the township did not have many options in terms of retail outlets, especially F&B and grocers. Now, residents don’t have to travel out for their daily necessities.”
The retail space also boasts an al fresco terrace with seating spaces that overlook the central park. “Apart from accommodating community events and activities — such as FitBeat Sunday, a poundfit workout activity that is currently held on two Sundays a month — this space offers a good view of the park’s musical fountain. There are three shows a day on Fridays, weekends and public holidays.”
The exclusive LakePoint Club offers state-of-the-art facilities for residents. “The purpose of introducing the clubhouse is to promote a healthy lifestyle among the residents in line with Setia AlamImpian’s value propositions and sustainable development goals (SDGs),” says Zaili.
The facilities offered include four badminton courts, a futsal court, an Olympic-size infinity swimming pool, wading pool, sauna, dance studio, games room, a gym overlooking LakePoint Park and a grand ballroom that can accommodate up to 1,000 people for various functions and events. The badminton and futsal courts and the grand ballroom are open to the public but the other facilities are exclusive to residents.
Seamlessly integrated with the LakePoint Complex, the scenic LakePoint Park — comprising a 14-acre lake and 17-acre park — is now open to visitors after its closure in mid-2018 for upgrading works. Apart from the musical fountain, other key attractions are a jogging and walking track, skate park, tricycle/bicycle park, children’s playground, the Expression Bridge and open amphitheatre.
“We’ve reshaped and redesigned the park, turning it from a passive park into an active one, and incorporating art-themed features such as musical instruments and sculptures,” says Zaini. “We have also installed solar-powered lighting for the park so people can jog at night. This is in line with our ESG (environmental, social and governance) initiatives.”
S P Setia plans to offer a wider, more differentiated range of products at Setia AlamImpian. It will build a new phase of premium resort-style semidees and bungalows within the Cinematic Arts precinct. The 40 units of semidees are scheduled to be launched in 4Q2024 and the four individually designed bungalows will be launched in 2025.
Other upcoming launches this year include that of Casablanca 4 (60 units of cluster homes, 10 semidees) and Ferrous 3 (101 units of 2-storey terraced houses) in June, and Hamlet (60 units of cluster homes) and Ferrous 4 (146 units of 2-storey terraced houses) in 3Q and 4Q respectively.
Ongoing projects include Ferrous 2 (116 units of 2-storey terraced houses; 40% taken up) and Ferrous (136 units of 2-storey terraced homes; fully sold). Both are targeted for completion in 2025.
About half of the township has been developed and S P Setia estimates that it will be fully completed by 2036 with a total of 20,000 residential units and a population of more than 80,000.
S P Setia Bhd’s Setia Warisan Tropika and Setia Eco Templer township developments received the Diamond Design awards at the Low Carbon City Awards 2023 held on Feb 8.
The awards was organised by the Malaysian Green Technology and Climate Change Corporation (MGTC) and held in conjunction with the Low Carbon Cities 2030 Challenge, which is an initiative by MGTC under the Ministry of Environment and Water, according to a statement on Thursday.
S P Setia senior executive vice-president Datuk Yuslina Mohd Yunus said, “We are honoured to receive this acknowledgement from MGTC, [Ministry of Natural Resources, Environment and Climate Change] for our townships of Setia Warisan Tropika and Setia Eco Templer.”
“It is a true reflection of our hard work in ensuring that all our developments generate low levels of carbon emissions, aligned with Setia’s pillars and vision to be one of the leaders in creating sustainable communities and enriching lifestyles. This is an impetus for us to further integrate Setia’s innovative, low-carbon design solutions across all our developments for our communities in the long term,” she added.
The statement also highlighted that both developments were awarded and credited based on their implementation of the Low Carbon City Framework, which includes key elements of energy, mobility, water, waste, and greenery, and their key efforts in low-carbon efficiencies, sustainable site planning, materials, resources and innovations.
Setia Warisan Tropika occupies a 129.96-acre tract in Bandar Baru Salak Tinggi in Sepang, Selangor, comprising a total of 1,274 residential units, two commercial plots and a clubhouse. The township is expected to be fully completed by 2030.
Setia Warisan Tropika township in Sepang
Setia Eco Templer, on the other hand, is spread across a 194-acre parcel in Rawang and is surrounded by Bukit Takun, Templer Park and Kanching forest reserves. The development comprises a total of 1,339 residential units and is slated for completion by 2029.
Setia Eco Templer township in Rawang
S P SETIA is welcoming the Lunar New Year with open arms and open houses.
A unique feature of these celebrations would be the inclusion of a Wishing Tree, which offers guests the opportunity to imbue their aspirations for the year ahead with symbolic significance.
Visitors across the nation are invited to attend a series of Chinese New Year open houses from Feb 17 to March 3.
In conjunction with the CNY festivities there will be a 10% promotion or RM10,000 upon purchase of selected properties.
The open houses will be at various S P Setia sales galleries across Malaysia.
In the Klang Valley, it will take place on Feb 17 at Bandar Kinrara Welcome Centre (10am to 4pm).
On Feb 24, the event will be held at Setia Alamsari Welcome Centre (10.30am to 4pm), Setia Bayuemas Welcome Centre (10am to 4pm) and Setia Warisan Tropika Welcome Centre (11am to 4pm).
On Feb 25, S P Setia will host open houses at the Setia Alam Gallery, Annex Building, S P Setia Corp, HQ (10am to 2pm), Setia Eco Park Sales Gallery (11am to 3pm) and Setia Ecohill Welcome Centre (11am to 4pm).
The festivities will continue at the CNY open house at Setia International Centre, KL Eco City (11am to 3pm) on March 2, while on March 3 it will be at the Setia Eco Templer Sales Gallery (11am to 4pm). The open house at Trio Sales Galleria will be held from, 11am to 3pm.
In Penang, look out for the CNY open house on Feb 17 at the Setia Experience Centre, Setia Fontaines (11am to 9pm).
Ever since Battersea Power Station opened to the public back in 2022, it’s been quite the hit. Beyond the novelty of actually being able to go inside and explore the station (after decades of not being allowed to do so), BPS’s evolving selection of stores and restaurants has ensured it’s worth re-visiting, too.
These days Battersea Power Station is officially one of London’s most popular tourist attractions, having welcomed over 11.2 million visitors in 2023. And now the old power station has been awarded a pretty big accolade, with National Geographic naming it one of the world’s best ‘cultural hot spots’ to visit in 2024.
NatGeo’s list ranged massively, including stuff as varied as a modern art gallery in Istanbul, an underwater sculpture park in the Caribbean and eco-tours in New Zealand. Battersea Power Station sits among impressive company and was one of only four European ‘hot spots’.
About the revamped power station, NatGeo said: ‘A decade-long, $6 billion renovation means the smokestack-capped, 1.5 million-square-foot building is now a stylish shopping, dining, and entertainment hub.
‘Repurposed elements include Control Room B, a cocktail bar amid the dials and synchroscopes of a onetime command post, and Lift 109, a glassed-in viewpoint atop one of Battersea’s iconic 357-foot-tall smokestacks. Visitors can stay onsite at the Art’otel with its rooftop pool and art gallery.’
And that’s certainly not the end of all there is to find in BPS. In recent news at Time Out we covered this spectacular penthouse in the power station, a snazzy new timber-clad Apple Store and a massive beauty-only Boots.
You can find out more about what is now officially one of the world’s hottest cultural spots with our Battersea Power Station guide here and read National Geographic’s full list of the planet’s best cultural attractions here.
S P Setia took proactive steps to reaffirm their commitment in building sustainable spaces, namely a surau and Gerai MBSA, to fulfill its communities’ needs. Forming part of the integrated township of Setia AlamImpian, Shah Alam, both amenities were completed in March and November 2023, respectively.
The surau and Gerai MBSA were recently handed over in late 2023 to the Valuation Department, Shah Alam City Council (MBSA), and the Selangor Islamic Religious Department (JAIS), respectively, as part of Setia’s corporate social responsibility initiatives.
Highlighting Malaysia’s rich tapestry of cultures and religions, S P Setia Bhd General Manager Dato’ Muhamad Zaili Muhammad Yusof underscores the group’s commitment to integrating the daily and religious needs of their communities in the strategic development of townships. “Our belief extends beyond constructing mere structures; we are the architects of cultures and communal spaces,” he says.
Approximately RM4.1 million has been allocated for the construction of Gerai MBSA and the surau. Spanning an area of 9,530 sq ft, Gerai MBSA comprises 12 stalls and operates as a semi-open F&B hub, supporting local hawkers and catering to the needs of the surrounding communities.
Named Surau Setia Al-Muqarrabin, which means “those who are close to God” in Arabic, the 5167-square-feet prayer facility is designed to benefit the Muslim community in Setia AlamImpian. Equipped in accordance with Islamic principles, it provides a conducive space for the community’s prayer activities, including amenities such as parking area for vehicles, specially-abled individuals and van jenazah, as well as the basic surau facilities namely prayer area, ablution room, and toilet.
Meanwhile, with its recently unveiled community hub and retail space, Setia AlamImpian is poised to become the highly sought-after residential address in Shah Alam. The 1,235- acre integrated township stands as a living testament to Setia’s LiveLearnWorkPlay philosophy, where the current population of about 15,000 residents enjoys the convenience of living in close proximity to growth centres like Shah Alam, Klang, and Petaling Jaya.
Aligned with the township’s concept of “Arts Inspired Living,” one can easily spot mural arts and art sculptures throughout the area. Furthermore, in collaboration with UiTM Shah Alam, Setia AlamImpian hosts an Arts Residency Programme, providing budding artists with opportunities to showcase their talents. An art gallery has also been introduced at the newly launched retail space, LakePoint Central, offering arts students a venue to exhibit their masterpieces.
Immerse yourself in art-inspired living with Setia AlamImpian and browse through our newest launches at spsetia.com/alam-impian/home
KUALA LUMPUR (Jan 30): S P Setia Bhd handed over Gerai MBSA and a surau in Setia Alam Impian, Shah Alam, to the Valuation Department, Shah Alam City Council and the Selangor Islamic Religious Department recently.
Approximately RM4.1 million had been spent for the construction of these two amenities.
Its general manager Datuk Muhamad Zaili Muhammad Yusof underscored the group’s commitment to integrating the daily and religious needs of their communities in the strategic development of townships.
“Our belief extends beyond constructing mere structures; we are the architects of cultures and communal spaces,” he said.
Spanning 9,530 sq ft, Gerai MBSA comprises 12 stalls and operates as a semi-open F&B hub. Meanwhile, the 5,167 sq ft surau is named Surau Setia Al-Muqarrabin, which means “those who are close to God” in Arabic, and it comes with amenities such as a parking area with bays for the disabled and van jenazah, as well as prayer hall, ablution room and toilet.
Defending champions Malaysia are relieved to avoid Thomas Cup champions India in the group stage of the Badminton Asia Team Championships (BATC) next month.
Following the draw today, hosts Malaysia are in Group B alongside Taiwan, Kazakhstan and Brunei for the team meet on Feb 13-18 at the Setia City Convention Centre.
Badminton Association of Malaysia (BAM) coaching director Rexy Mainaky said the competition this year will be way stiffer than it was two years ago, when Malaysia thrashed Indonesia 3-0 in the final to clinch their maiden BATC crown.
It is, however, important to note that Malaysia can still face any of these strong teams in the last eight, when a fresh draw is conducted for the knockout stage.
“It is true, looking at the squads, India are very strong but teams like South Korea, Japan, Indonesia and even Taiwan, who is in our group can go on to win the title.
“The competition this year will be very tough, but we have a reasonable draw for the group stages.”
Earlier, after the draw ceremony, Rexy made it known that he had urged the Malaysian shuttlers to step up and redeem themselves at the BATC, following their disappointing performances at the Petronas Malaysia Open early January.
“Since the BATC is played on home soil, I told the players to focus and use this competition to regain their pride after their poor showing at the Malaysia Open,” added Rexy.
Meanwhile, in the women’s team event, Malaysia, who reached the semi-finals at the previous edition, have their work cut out for them after being drawn in Group Y with Thailand and the United Arab Emirates.
The BATC acts as also the Asian qualifier for the Thomas and Uber Cup Finals in April this year.
Teams that reach the semi-finals will secure their place for the world men’s and women’s team championships in Chengdu on April 27-May 5.
The BATC draw:
Men’s Group A – China, India, Hong Kong.
Group B – Malaysia, Taiwan, Kazakhstan, Brunei.
Group C – Japan, Thailand, Singapore, Myanmar.
Group D – Indonesia, South Korea, UAE, Saudi Arabia.
Women’s Group W – China, India.
Group X – Indonesia, Hong Kong, Kazakhstan.
Group Y – Thailand, Malaysia, UAE.
Group Z – Japan, Taiwan, Singapore.
Having seen the iconic Battersea Power Station (BPS) in its derelict form back in 2012, when it was acquired by the Malaysian consortium of S P Setia Bhd, Sime Darby Property Bhd and the Employees Provident Fund, visiting the restored building in all its former glory was gratifying, to say the least.
The Power Station, now transformed into a mixed-use destination, and Electric Boulevard were opened to the public in October 2022. The former houses 254 apartments, more than 100 retail shops, an event space and Lift 109, a chimney lift experience with 360° views of London from a height of 109m. It also has 565,000 sq ft of office space, of which 500,000 sq ft is occupied by Apple. Electric Boulevard, a brand new pedestrianised high street, is part of Phase 3.
Circus West Village, comprising a mix of bars, restaurants, shops, fitness and leisure facilties, a cinema and a theatre, was opened in 2017. It is now home to over 1,800 people.
On Dec 13, BPS recorded another achievement when it received a GreenRE Gold certification for its retail portion. The certification was presented to Battersea Project Holding Co Ltd chairman Tan Sri Jagan Sabapathy by GreenRE chairman Datuk Seri Fateh Iskandar Mansor (F D Iskandar) in a ceremony.
The certification is also a milestone for GreenRE, as it is its first certification for a completed international project. “BPS is an iconic project by two of Malaysia’s biggest property developers. The BPS team wanted a green certification that has a more universal standard. In the UK, when dealing with a Grade II-listed landmark building, a lot more care and consideration needs to be taken into account. Kudos to the GreenRE and BPS teams for working together to find a formula to achieve this,” says F D Iskandar.
Battersea Power Station has been transformed into a mixed-use destination (Photo by Battersea Power Station)
Jagan notes that many good things were carried out at BPS in its pursuit of the green agenda.
He says: “The journey from inception to completion has been challenging but, in the end, immensely rewarding. Today, BPS is almost always associated with Malaysia. I take great pride in it.
“We took a derelict building and restored it. The whole philosophy is changing; you take old buildings and retrofit it, make it more efficient. The certification is a wonderful recognition for everyone associated with the journey. I would like to thank F D Iskandar, GreenRE and Rehda for the recognition.”
According to Battersea Power Station Development Company head of communities and sustainability Sarah Banham, the retail element had retained a lot of the original fabric of the building, which was not built to today’s standards.
Banham says: “It was a challenge for GreenRE to certify a Grade II-listed industrial building, which has areas of significance. For example, the control room is a highly significant area, and so are the turbine halls. Anything we do, even putting in the shops, we have to get the consent of Historic England as well as the planning authorities. It is quite complex.” Historic England is an executive non-departmental public body of the British government sponsored by the department for Culture, Media and Sport.
One of the main things done was to create natural ventilation for the mall. “The main circulation space through the two turbine halls is not heated or cooled. It is completely passive and natural, so it becomes sort of an indoor street. It’s very important to get the air flow through and that obviously has become even more important since the Covid-19 pandemic,” says Banham.
Turbine Hall A has two huge windows that were bricked up during WWII, which was opened with the blessing of Historic England, to allow natural daylight to come into the building.
“This means that, during the day, particularly in the summer, we get massive savings on electricity and lighting,” says Banham.
BPS has achieved a 40% improvement in energy savings from the baseline and uses water management and monitoring technology, including monitored water consumption and the use of drought-
tolerant plants. Methods to harmonise indoor comfort and the use of low VOC (volatile organic compound) paint were also introduced, while waste recycling is encouraged, with the provision of recycle bins. Innovative green practices were adopted, including the use of renewable energy during construction, creating work opportunities for the local community and promoting wildlife preservation.
Banham says BPS is home to two Schedule 1 species — a pair of Peregrine Falcons and Black Redstarts. “We worked very hard on the biodiversity net gain of this site. The Peregrine Falcons have been living here since before the Malaysian consortium took over. They nest on the power station because it replicates the cliff faces of their natural habitat that allows them to dive and swoop for birds.
“Because they are Schedule 1 species, we can’t disturb their nests for about nine months out of a year, which was a problem for us during the construction phase. So, we built a temporary tower of the same height as their nest to encourage them to relocate. We placed mannequins on the roofs and the sound of the mannequins’ jackets flapping in the wind eventually pushed the falcons to move to the temporary tower.
“When the station was finished, we put a new falcon nest box in the Northwest watch tower. We could see the female falcon coming over to investigate the space. Eventually, she started dropping dead pigeons that she caught in it. Soon, they moved to their new home and we tore the temporary tower down.”
So far, the peregrines have fledged 22 juveniles. Meanwhile, the Black Redstarts have always been an annual breeder at BPS. Foraging areas have been allocated below the Peregrine Falcon nest and on the brown roofs at Circus West Village.
Banham has been with BPS for 17 years and has a deep understanding of and connection with the local community.
“The local community is really emotionally tied to BPS, even though many had never set foot in the building until October last year. They felt strongly about what they wanted it to be and how it would be repurposed,” she says.
Ultimately, the biggest challenge is the building itself.
“The power station was full of oil, coal and asbestos, all of which had to go. Then there was managing the whole construction process, thinking about the design and sustainability, how to get that segregation of shopping, office and homes. BPS was known as the Everest of property development for one reason — every company before the Malaysian shareholders went bust trying to restore the building,” says Banham.
The GreenRe team has certainly achieved much. As F D Iskandar says, “The team has shown that they can adapt to different conditions, weather, cultures and regulations. We have never dealt with heritage buildings before, and being able to certify an iconic building in London is something we can be proud of.”
SHAH ALAM (Jan 8): S P Setia Bhd’s Setia City Convention Centre has teamed up with Grab, F&N and KLEAN’s plastic upcycling initiative, to become the location partner for the first-ever Reversible Vending Machine (RVM) for recycling plastic food packaging in Setia Alam.
The sustainable initiative aims to redirect plastic food packaging waste away from the ocean and landfills, repurposing them into reusable items.
Located at the West Entrance of the convention centre, surrounding communities can drive-thru to drop off rinsed plastic food containers at the AI-enhanced smart recycling machine without the need of entering the parking lot.
Sponsored by Grab and F&N, users will gets rewards for recycling the plastic food containers via the KLEAN app.
Download the KLEAN app and collect points through recycling plastic containers and aluminium cans, regardless of sizes and shapes.
Accumulated points can be redeemed for various vouchers via the app, such as Grab vouchers, Touch ‘n Go credits and et cetera. The RVM operates daily from 9am to 9.30pm and is subject to change based on demand.
With every recyclable item deposited into the machine, Setia City Convention Centre will also receive 10% of the carbon offset score, which is reflected on the KLEAN dashboard.
“Food delivery is the new normal, and recycling larger and uniquely shaped plastic food containers has posed a challenge. We are excited to be part of Grab, F&N, and KLEAN’s initiative to encourage our communities to recycle their plastic food containers, promoting greener choices in their daily lives and making a collective contribution to a greener future for all,” said Datuk Yuslina Mohd Yunus, senior executive vice-president of S P Setia.
Setia City Convention Centre is the first Green Building Index Certified convention centre boasting various sustainable features such as a rainwater harvesting system, solar panels, EV charging station, energy-efficient LED lighting, and an Energy Management System to monitor and reduce utility consumption.
S P Setia Bhd’s cancellation of the land sale to Scientex Bhd in Johor is suprising and will slow down the group’s plan to de-gear but it could be a blessing in disguise, according to Maybank Investment Bank (Maybank IB).
The research house said given the improving Johor property market outlook, it could allow S P Setia to price the land higher in the future.
“We revise our FY24-25 earnings forecasts downward by 40% and 6% respectively to factor in the cancellation of the land sale (and RM320 million gain).
“In our forecasts, we have already incorporated land sales to Mah Sing Group Bhd (MGSB MK, CP: MYR0.87, Not Rated) in Semenyih (500 acres; RM392 millionvalue) and KSL Holdings Bhd (KSL MK, CP: MYR1.25, Not Rated) in Setia Alam (18 acres; RM228 million).
“We understand that both buyers have managed to secure approvals from economic planning unit (EPU),” it said.
Its new TP is RM1.18, less 2 sen than the previous TP, on unchanged 0.4x FY24E PBV and it also maintains its BUY call.
Maybank IB said it is surprised with the cancellation as together with the land sales Semenyih and Setia Alam, this land disposal to Scientex was supposed to lower the group’s net gearing to 0.48x (SP Setia’s guidance), from 0.53x in Sept-end 2023.
The reason cited behind the cancellation was the non-fulfillment of condition precedent
“However, we are not overly bearish on this latest development. In our view, it could be a blessing in disguise given the rising demand for Johor properties.
“It is worth nothing that the land disposal agreement was signed before the announcement of special economic and financial zones in Iskandar Malaysia sometime in mid-July to Aug 2023.”
Maybank IB said there are several risks factors to its earning estimates and TP including slower-than-expected property sales and longer-than-expected downturn in the property sector, delay in obtaining the necessary approvals for its projects and slower progress billings in construction works.