KUALA LUMPUR: S P Setia Bhd’s township development, Setia EcoHill 2 in Semenyih is launching the first phase of its commercial development, Nadi, this week.
Nadi is located within the commercial precinct of the township, Setia Commerce Square.
In a statement, the developer said Nadi, the first shop office phase, contains three phases of shop offices and is estimated to have a gross development value of RM500 mil, occupying 34 acres out of the 1,010-acre Setia EcoHill 2 which is planned to be completed by 2026.
It offers 86 shop office units, of which 80 are double- and triple-storey terraced units and 6 are double-storey semi-detached units.
S P Setia said 80% of Nadi has already been booked following a preview on March 25.
Nadi’s terraced shop offices measure 26 ft by 75 ft for double-storey intermediate units and 42 ft by 75 ft and 46 ft by 75 ft for the triple-storey corner units. The built-up ranges from 3,494 to 8,642 sq ft, with starting price of RM1.55 mil.
The double-storey semi-detached shop offices have a land area of 70 ft by 148 ft and built-ups from 5,566 sq ft, priced from RM3.7 mil.
Apart from shop offices, Setia EcoHill 2’s Setia Commerce Square is also actively looking for a strategic partner to develop its petrol station land.
Separately, S P Setia has appointed Philip Tan Puay Koon as senior independent non-executive director in place of Datuk Ahmad Pardas Senin.
Ahmad Pardas retired as director of the company upon the conclusion of the 48th annual general meeting which was held on April 27.
SHAH ALAM (March 31): S P Setia Bhd celebrated International Women’s Day (IWD) recently with a series of events with its business associates and staff at the S P Setia Corporate HQ.
Themed “EmpowHER” in line with the IWD theme for 2023, S P Setia’s IWD celebration also commemorates the inception of its Women of Inspiration, WIN@Setia women’s network which was launched in March 2017.
The highlight of the “EmpowHER” programme was a hybrid forum officiated by chief human resources officer Nadiah Tan Abdullah, followed by a keynote speech by Datuk Zuraidah Atan, advisor of S P Setia’s WIN@Setia (Women of Inspiration), chairman of S P Setia Foundation, and a director of S P Setia.
“In Setia, we embrace equity, diversity and inclusion to drive success for all. We want to be successful together, not just alone. There is nothing like women bringing up other women,” said Zuraidah.
Also taking part were three influential entrepreneurs Ash Majid, designer of Batiq Jewelry; Yap Sue Yii, founder of Komuniti Tukang Jahit which supports and upskills women to be tailors; and Nik Suzila, co-founder of Kloth Cares, a women-led social enterprise which upcycles unwanted textiles.
They talked about “their journeys towards” establishing their businesses and how gender equity and inclusivity play important roles in their success.
Supporting local small and medium retail and F&B enterprises owned by women, S P Setia also organised the EmpowHER Bazaar at S P Setia Corporate HQ which was participated by 12 vendors including Komuniti Tukang Jahit, Kloth Cares, Lips Carpenter, Anbo, Gula Creamery, and Butang Cakery.
S P Setia’s IWD celebration also commemorates the 6th anniversary of WIN@Setia, its women’s network which focuses on four key areas making up the 4Rs:
• to Realise the potential of female talents through development initiatives and employee value proposition
• to Retain the group’s female talent pool by providing the right work environment which supports their career aspirations and personal growth
• to Raise the ladder by accelerating the female representation in the middle and senior management positions
• to Respect employees as unique individuals by creating an inclusive and supportive Environment
S P Setia was the Gold winner for the Excellence in Women Empowerment Strategy at the Human Resources (HR) Excellence Awards 2021.