SHAH ALAM (Aug 25): S P Setia’s Setia4Malaysia Unity Run 2023 saw more than 3,000 participants at LakePoint Park @ Setia AlamImpian on Aug 20.

The event comprised a 21.1km half marathon for veterans and hobby runners and a 5km fun run which saw families with children joining in.

“Advocating diversity and inclusion, Setia4Malaysia Unity Run 2023 also supported the participation of 21 specially-abled individuals,” stated S P Setia in a media release.

Apart from the fun run and half marathon, residents of Setia AlamImpian also joined in the festivities as there were musical performances, food trucks, workshops and a variety of carnival activities and games.

#Setia4Malaysia Unity Run 2023 is sponsored by Nestlé, Dadi Cinema, Neutrovis, Dutch Lady, Oat Life and Ultron.

S P Setia’s Board of Directors also showed their support at the Setia4Malaysia Unity Run 2023 5km flag-off and fun run.

“Setia4Malaysia is our way of engaging with the Malaysian community which also involves our township residents. The run has been well received since its installation. Our previous engagement in Setia Bayuemas last year was overwhelming and this year in Setia AlamImpian we see an even greater turn-up,” said Datuk Yuslina Mohd Yunus, senior executive vice-president of S P Setia.

“Unity is very important to us in Setia, as our people are made up of different races. This is why for Setia4Malaysia Unity Run, we embrace diversity by opening the participation to not just local runners but international runners as well,” said Datuk Zaini Yusoff, executive vice-president of S P Setia.

Participants and residents of Setia AlamImpian indulged in the fun at the carnival games at Setia4Malaysia Unity Run 2023.

Also taking part in the event was S P Setia’s Setia Melbourne team who were “high in the Merdeka spirit”.

“Embracing unity and diversity is something close to our hearts, as the Setia Melbourne team itself comprises individuals from different ethnicities and backgrounds. We are happy to spread the Setia4Malaysia Merdeka pride here in Melbourne along with our fellow colleagues,” said See Hunt Soon, head of Setia Melbourne.

The next Setia4Malaysia Unity Run with a 5km fun run will be at Aeropod in Kota KinabaluSabah on Sept 3, 2023.

Register now via the JomRun app on Apple App Store or Google Play Store, as well as https://www.jomrun.com/event/Setia4Malaysia-Unity-Run-2023- Aeropod until Sept 1, 2023.

S P Setia’s very own percussion team Setia Harmony, made up of the staff of S P Setia, hyped up the event with a performance of nostalgic songs and medleys of classic tunes known to many.

S P Setia celebrates unity with half marathon, fun run in Setia AlamImpian

SHAH ALAM (Aug 25): S P Setia’s Setia4Malaysia Unity Run 2023 saw more than 3,000 participants at LakePoint Park @ Setia AlamImpian on Aug 20.

The event comprised a 21.1km half marathon for veterans and hobby runners and a 5km fun run which saw families with children joining in.

“Advocating diversity and inclusion, Setia4Malaysia Unity Run 2023 also supported the participation of 21 specially-abled individuals,” stated S P Setia in a media release.

Apart from the fun run and half marathon, residents of Setia AlamImpian also joined in the festivities as there were musical performances, food trucks, workshops and a variety of carnival activities and games.

#Setia4Malaysia Unity Run 2023 is sponsored by Nestlé, Dadi Cinema, Neutrovis, Dutch Lady, Oat Life and Ultron.

S P Setia’s Board of Directors also showed their support at the Setia4Malaysia Unity Run 2023 5km flag-off and fun run.

“Setia4Malaysia is our way of engaging with the Malaysian community which also involves our township residents. The run has been well received since its installation. Our previous engagement in Setia Bayuemas last year was overwhelming and this year in Setia AlamImpian we see an even greater turn-up,” said Datuk Yuslina Mohd Yunus, senior executive vice-president of S P Setia.

“Unity is very important to us in Setia, as our people are made up of different races. This is why for Setia4Malaysia Unity Run, we embrace diversity by opening the participation to not just local runners but international runners as well,” said Datuk Zaini Yusoff, executive vice-president of S P Setia.

Participants and residents of Setia AlamImpian indulged in the fun at the carnival games at Setia4Malaysia Unity Run 2023.

Also taking part in the event was S P Setia’s Setia Melbourne team who were “high in the Merdeka spirit”.

“Embracing unity and diversity is something close to our hearts, as the Setia Melbourne team itself comprises individuals from different ethnicities and backgrounds. We are happy to spread the Setia4Malaysia Merdeka pride here in Melbourne along with our fellow colleagues,” said See Hunt Soon, head of Setia Melbourne.

The next Setia4Malaysia Unity Run with a 5km fun run will be at Aeropod in Kota KinabaluSabah on Sept 3, 2023.

Register now via the JomRun app on Apple App Store or Google Play Store, as well as https://www.jomrun.com/event/Setia4Malaysia-Unity-Run-2023- Aeropod until Sept 1, 2023.

S P Setia’s very own percussion team Setia Harmony, made up of the staff of S P Setia, hyped up the event with a performance of nostalgic songs and medleys of classic tunes known to many.

S P Setia Foundation Extends Support To Communities In Need Through Its ‘Sincerely Setia Healthcare & Well-Being Assistance’ Programme

SETIA ALAM – S P Setia Foundation, S P Setia’s charitable arm, continues to make a meaningful difference in the lives of communities in need with its Sincerely Setia Healthcare & Well-Being Assistance Programme. Following its earlier contributions in February, S P Setia Foundation delivered additional aid to assist the B40 community and veterans in need.

The initiative provided food and hygiene kits and wheelchairs to hospitals and non-governmental organisations. The COVID-19 pandemic has intensified the challenges facing vulnerable communities. The initiative aims to improve the well-being of patients undergoing prolonged medical treatments and veterans of police and army forces who face mobility and health issues.

S P Setia Foundation provided 750 sets of food and hygiene kits to Hospital Sultan Idris Shah Serdang and Hospital Shah Alam, with toiletries contributed by Amari Kuala Lumpur. Through its ‘National Heroes Assistance’ initiative, S P Setia Foundation donated wheelchairs to Persatuan Kebajikan Bekas Anggota Skuad 69 Polis Diraja Malaysia (SKUAD 69) and Persatuan Veteran ATM Negeri Selangor (PVATM Selangor) to assist veterans of police and army forces.

In February, S P Setia Foundation contributed food and hygiene kits valued at RM120,000 and wheelchairs to three hospitals – Pusat Perubatan Universiti Malaya (PPUM), Hospital Canselor Tuanku Mukhriz (HCTM) in Cheras, and Hospital Shah Alam – benefiting a total of 559 families. S P Setia Foundation remains committed to positively impacting society and building a brighter future.

S P Setia records sales of RM2.56bil in 1H23

S P Setia Bhd said it registered total sales of RM2.56bil in the first half of 2023 with local projects contributing RM2.19bil or 86% of the sales.

In a statement, the group said the central region was the biggest contributor to the sales with RM1.49bil, while the southern and northern region contributed RM589mil and RM74mil respectively. Meanwhile, international sales largely made up the remaining sales.

As at June 30, 2023, S P Setia secured total bookings of RM470mil.

“The strong performance of S P Setia in the first half of 2023 demonstrates our ongoing commitment to delivering high-quality developments and solutions.

“We are pleased with these positive results, which reflect the strong demand for our projects, both locally and internationally,” said S P Setia president and CEO Datuk Choong Kai Wai.

According to Choong, the group’s earnings visibility in the short- to medium-term is robust with 44 ongoing projects and unbilled sales of RM6.82bil as at June 30, 2023.

“Despite the global challenges posed by persistent inflation and higher interest rates, the group remains optimistic about achieving a noteworthy performance for the financial year 2023,” he said.

In the second quarter ended June 30, 2023, the property developer recorded a net profit of RM43.06mil, down from RM80.09mil in the previous corresponding quarter.

The group’s earnings per share fell to 1.06 sen from 1.97 sen in the comparative quarter.

Revenue for the quarter under review contracted to RM942.72mil from RM1.02bil.

The group said in a filing with Bursa Malaysia the weaker performance was mainly owing to the property development segment, which recorded lower revenue and profit due to lower contributions from Singapore and the Central region.

The segment was also impacted by higher financing cost from interest rate hikes, unfavourable foreign exchange movement and a higher share of loss from joint ventures.

For the six months period to June 30, 2023, S P Setia recorded a net profit of RM98.51mil on revenue of RM1.91bil against net profit of RM147.59mil and revenue of RM1.89bil.

Setia4Malaysia Unity Run 2023: Celebrating Merdeka with Thrilling Prizes and Carnival Fun!

S P Setia is excitedly preparing for the upcoming Setia4Malaysia Unity Run 2023. Taking place on 20 August 2023 at Setia AlamImpian, Shah Alam, the event promises a chance to win over RM9,700 worth of prizes in a lucky draw for runners, as well as a range of festive carnival activities for all to enjoy.

Participants in the Setia4Malaysia Unity Run 2023 will have the opportunity to win amazing prizes, including a smart television, electronic bike, mountain bike, tablet, LED television, and more. Simply by registering for the run, all runners are automatically entered into the lucky draw.

[SETIA] Setia4Malaysia Unity Run 2023 Lucky Draw Prizes

Beyond the thrilling run, the Setia4Malaysia Unity Run 2023 invites people from all walks of life to join in the spirit of unity and participate in the exciting carnival activities to be held at LakePoint Park in Setia AlamImpian till 11.00am.

The carnival will feature game booths suitable for all ages, including the Electric Maze, Ring Toss, and Dart Game. For those with a creative streak, there will be a mini bag painting workshop, while a face painting booth will allow visitors to show their love for Merdeka with colourful face paint. Don’t miss the Insta Cubes, where you can capture memorable moments amidst a vibrant Merdeka theme, perfect for Instagram.

Registration for the Setia4Malaysia Unity Run 2023 is open until 18 August 2023. Running enthusiasts and families are encouraged to join in the celebration of the upcoming Merdeka Day. Tickets can be purchased via https://www.jomrun.com/event/Setia4Malaysia-Unity-Run-2023 or through the JomRun app, available for download on the Google Play Store and Apple App Store.

Setia Bayuemas Unveils Laelia Terraced Homes in Klang

Setia Bayuemas, a vibrant township development by S P Setia, is thrilled to introduce its latest residential project, Laelia double-storey terraced homes. The launch event will take place on July 30, 2023.

Situated on sprawling 7.3-acre land, Laelia comprises 98 freehold units of terraced homes, including a loft-style home (44 units) and a conventional double-storey terrace (54 units). The project carries a gross development value of RM71.75 million.

Razly Mohammad Rus, Divisional General Manager of S P Setia, said, “Laelia is an ideal modular starter home for first-time homebuyers and young families seeking an affordable landed property in the prime location of southern Klang. In addition to the conventional double-storey terrace, we are excited to offer the loft-style terraced home, which combines flexible space and modern apartment-style living in a well-planned township.”

Priced between RM600,000 and RM1.20 million, Laelia showcases a diverse range of unit sizes. The loft-style terrace offers a built-up area between 1,568 sq ft and 1,604 sq ft, while the double-storey terrace ranges from 1,865 sq ft to 1,960 sq ft. Each unit features 3 or 4 bedrooms and bathrooms, with the loft type boasting a spacious double-volume living room.

With its flexible floor plan, Laelia allows homeowners to customise and extend their living space on the ground floor to suit their changing needs and lifestyle. Residents of Laelia will have the privilege to enjoy a nature-filled environment, complete with pocket parks and a serene lake nearby.

Laelia offers residents a nature-filled environment with pocket parks and a serene lake nearby

Laelia offers residents a nature-filled environment with pocket parks and a serene lake nearby.

Laelia in Setia Bayuemas will also include Setia i-Home features, making it a sustainable and future-ready residence. The units are equipped with solar photovoltaic conduit, electric vehicle ports, and a green switch for convenient control of electrical appliances. The development includes the innovative Box 366 food and parcel delivery dropbox, designed by S P Setia.

Setia Bayuemas, spanning 545 acres of freehold land, is a comprehensive township in the heart of southern Klang, Selangor. The master plan comprises affordable apartments, landed terraces, cluster homes, semi-dees, and bungalows. Strategically positioned with easy access to three major highways, including the North-South Expressway (ELITE) and Shah Alam Expressway (KESAS), Setia Bayuemas offers excellent connectivity to the rest of the Klang Valley.

The township’s iconic Setia Bayuemas Lake Park, the recipient of the Gold award in Landscape Planning at The Edge Malaysia Best Managed & Sustainable Property Awards 2023, serves as a focal point for residents to relax and engage in outdoor activities.

For more information about Laelia, please visit https://spsetia.com/en- us/property/malaysia-(central)/klang/setia-bayuemas/collections/laelia-i or contact the Setia Bayuemas Sales Gallery at 03-3325 1700.

Setia EcoHill rewards homebuyers with extra incentives

Setia EcoHill in Semenyih is rewarding its existing and new homebuyers with special rebates for a limited time.

According to a media release by S P Setia, “existing and new buyers of Setia EcoHillSetia EcoHill 2 以及 Setia Mayuri properties will enjoy referral rewards and loyal customer rebates for selected participating projects” until Dec 31, 2023.

“This is a significant milestone for Setia EcoHill as it has seen tremendous growth since 2013 with more than 7,800 homes sold to date. We are taking this opportunity to show our gratitude towards our highly valued customers with limited-time rebates. Through this, we are welcoming more homebuyers to be a part of this ever-growing township and our Citizen Setia community,” said Koh Sooi Meng, divisional general manager of S P Setia.

During the campaign, existing buyers who purchased a property of Setia EcoHillSetia EcoHill 2 or Setia Mayuri will “enjoy an RM10,000 referral reward which is an introducer incentive when they introduce a family member or friend to purchase a property within the three developments”.

Members of Citizen Setia and tenants who reside in the three townships will also get a “RM10,000 of repeat purchase rebate on top of the Loyal Customer Rebate when purchasing a new home in Setia EcoHillSetia EcoHill 2 or Setia Mayuri”.

New buyers will be “rewarded with an exclusive rebate when purchasing any of the participating projects in Setia EcoHillSetia EcoHill 2 以及 Setia Mayuri”.

S P Setia also announced that Setia EcoHill is “gearing up” for its upcoming residential launches which include “Japanese-themed Harumi Residences with 40 units of double-storey semi-dees and Casaville consisting of 38 English-inspired single-storey bungalows, which are targeted to be unveiled by 4Q2023”.

Placemaking for the larger community

This article first appeared in City & Country, The Edge Malaysia Weekly on July 17, 2023 – July 23, 2023

The slight whiff of the sea breeze made me think for a moment that I was at the beach, but this was not the case, as I was in Setia Bayuemas Lake Park. This 10.25-acre park is situated in the ongoing development of Setia Bayuemas, a 545-acre freehold mixed-deve­lopment in Southern Klang.

This centrepiece of Setia Bayuemas is a community park that allows residents to enjoy the outdoors and learn about the plants in the park. A careful study was done to rehabilitate the land surrounding the lake and ensure that the right plants were brought in.

These efforts have impressed the judges, who named the park the Gold winner in the Landscape Planning category of The Edge Malaysia-ILAM Sustainable Landscape Awards, a feature of The Edge Malaysia Best Managed & Sustainable Property Awards 2023.

“For us at Setia Bayuemas, it is an achievement. It has put us up there in acknowledgement of what we have pushed for and achieved so far,” says S P Setia Bhd senior executive vice-president Datuk Yuslina Mohd Yunus.

“We have [also] turned a retention pond into what you see right now. Three years ago, you would not have seen what you see today. This park is something that we believe we have contributed to the community in this area.”


Setia Bayuemas Lake Park is a 10.25-acre public park. The former retention pond has been transformed into a vibrant community space.

A place for nature and outdoor activities

Yuslina explains that the park was built for placemaking, especially after the Covid-19 pandemic, when people started to appreciate their health, nature and being out of the house more.


Yuslina and S P Setia chief operating officer Datuk Zaini Yusoff (third and fourth from left) with (from left) The Edge Malaysia editor-in-chief Kathy Fong, The Edge Malaysia editor emeritus and the awards’ chief judge Au Foong Yee, Minister of Local Government Development Nga Kor Ming, The Edge Media Group publisher and group CEO Datuk Ho Kay Tat and City & Country editor E Jacqui Chan. (Photo by Mohd Izwan Mohd Nazam/The Edge)


With the placemaking park, S P Setia believes it has achieved its objective of encouraging people to go out and enjoy the outdoors. (Photo by S P Setia)Mohammad Rus concurs: “Five years back, this area was a bit sleepy and needed a boost. So, this park is not only a place for communal gathering but also for placemaking. It also offers the community a place that can be used as a recreational centre.

“This is also a multi-purpose park, where we aim to educate the community about the importance of nature and sustainability. This park also enhances the economic and property values of the area.”

Respecting the land

Coming up with the idea for a park that would draw people was the first step. Actualising it was the next, and that came with several challenges.

S P Setia senior manager landscape of Setia Bayu­emas Mohd Nizam Duaji explains: “We engaged an ecologist because the area has been there for quite some time. So, we needed to study what was happening and what existed in the area. We didn’t want to destroy everything during the construction of the park. We took into account all the input from the ecologist; then, along with the landscape architect, we planned from there.

“Whatever we place in the park is according to the ecological point of view. That is why we have developed certain areas as a fish hatchery, where we breed the fish before we release them into the lake. We also placed a tree trunk in the lake for migratory birds to rest,” he says, adding that the lake was originally filled with water plants, which didn’t allow much space for fish to breed.


The fountain operates only at certain times of the day, saving on energy while aerating the lake. (Photo by Shahrill Basri/The Edge)


The Melaleuca Deck provides a comfortable spot for visitors to enjoy views of the lake and fountain as well as the breeze. (Photo by Shahrill Basri/The Edge)
Razly chimes in, saying: “Before we started, we did an inventory of the existing flora and fauna with the help of the ecologist.”

Nizam says a study of the quality of water showed that it had a unique quality that meant only certain types of fish species could survive in it. It was a mix of saltwater and freshwater, or brackish water, and it also reduced the breeding of mosquitoes.

Razly says baseline data from the study allows the developer to monitor the growth and progress of the park’s biodiversity.

Asked about their favourite spot in the park, Yuslina says: “It’s the walkout spot called Melaleuca


Birds are common visitors to the lake area, and the abundance of dragonflies indicates that the water quality of the lake is goodDeck because you can enjoy both the fountain and the breeze there. You get the breeze only in certain spots along the lake.”

Razly chooses the same spot as well, from which one can take in the view and enjoy the ambience with the breeze and shade.

Nizam says, “I like the area towards the end of the park where there is a shelter. You can view the full perspective of the park from there, which is the nearest point to the fountain. The area has special meaning for me because we managed to turn an unsightly area into one where people love to sit and relax.”


For safety purposes, lifebuoys are placed strategically around the lake

Secure and safe space

As this is a public space, ensuring residents feel secure and safe is paramount. Razly says: “We realised that this was a huge lake and posed certain issues with regard to safety. That is why we have lifebuoys at a few spots around the park in case of any untoward incidents. We are also aware that, because it is open to the public, there is an issue of security as well. So, we erected perimeter fencing around the park and provided security guards as well.”

Yuslina says that as more houses are built in the area and more people move in, the developer will add more lights to the park, which is open from 7am to 7pm, so that it will be even safer to use and be open for a longer period of time.

She says, “One of the challenges is striking a balance so that nature is not disturbed and we don’t have to spend so much maintaining it.”


The developer has installed tags identifying the plants and trees in the park
For now, S P Setia is paying for the maintenance of the park but when it is time to hand it over to the authorities, Yuslina says, it will be easy for them to maintain, as much thought has been put into the park to ensure it is practical and functional. Nizam is in close contact with the authorities to ensure they are able to continue with the maintenance of the park.

Says Nizam, “We practise sustainable landscape maintenance. For example, we did not throw away all the cut branches and grass clippings. The maintenance contractor collects everything and turns it into compost. So, we save costs in transporting the landscape waste.”

Razly adds: “One of the sustainable features in maintaining the park, which we will convey to MPK (Majlis Perbandaran Klang), is that we use water from the lake to water the plants. Also, the water quality has improved because of the aeration that we have done, so it can be used to water the plants.”

Setia Bayuemas Lake Park has come a long way from when it was just a retention pond. It has been transformed into a vibrant and engaged space today, which goes to show that working with nature results in a win for everyone.


(From left) Razly, Yuslina and Nizam are proud of how all the hard work to transform the park has borne fruit. (Photo by Shahrill Basri/The Edge)

Aspire Tower At KL Eco City Sets A New Benchmark In Kuala Lumpur’s New Central Business District

Multi-national corporations and companies big and small have all continued with remote working or hybrid work arrangements adopted during the pandemic, irrefutably changing the attitude towards workspaces or office spaces. Organisations have either right-sized office spaces or implemented a flexible approach to workspaces.

“The pandemic has certainly accelerated the adoption of remote and hybrid work arrangements,” Teh Young Khean, Executive Director, Office Strategy & Solutions, Knight Frank Malaysia, affirms.

“Organisations have continued to embrace the new work models, and some organisations, particularly the multinationals (MNCs), have fully transitioned a portion of their functions to remote or hybrid work arrangements as they are still able to function efficiently and effectively as before. Therefore, choosing the right size of office, optimising office space to custom-fit an organisation’s needs, is important for both short-term and long-term business needs.”

YY Lau, Country Head of JLL Property Services (M) Sdn Bhd, agrees. “In today’s post-pandemic world, employees may not be in the office five days a week, nor will they require dedicated desks or work stations. Therefore, office plans need to allow for flexible planning and different types of spaces. Office layouts should also include not just spaces for work and meetings, but also spaces for collaboration, creativity and enhanced productivity.”

Developers of modern office buildings have taken heed and are responding to this trend. One developer that has embraced this shift with keen astuteness is S P Setia Berhad, the developer of KL Eco City.

Located in the prime fringe of Kuala Lumpur city centre, KL Eco City is an award-winning 25-acre integrated and transit-oriented development, comprising residential towers, commercial office towers, a 5-star business hotel, and lifestyle spaces. The new global district stands in the centre of the new Golden Triangle, bordered by the affluent Damansara Heights residential area in the north, cosmopolitan Bangsar in the centre and south, and the KL Sentral transportation hub in the east.

“Supply of quality commercial spaces in the fringe of Kuala Lumpur is relatively new and rentals are more affordable compared to some properties in the Kuala Lumpur city centre,” Lau observes. “Many office clusters in the KL fringe have been developed in line with the principles of Transit-Oriented Developments (TODs), with walking-distance accessibility to public and private transportation services. This, together with its convenient location of being close to residential areas, and its well-developed infrastructure, facilities and amenities that include shopping centres, hotels, parks and other public spaces, have made KL fringe a popular choice for tenants. Its office component also provides flexibility in tenure as there are both leasehold and stratified properties available.”

Teh also notes: “The market demand for prime (Grade A) commercial offices in the KL fringe has remained steady, with healthy rental and occupancy levels. Indeed, we have observed that rental rates for the prime (Grade A) commercial offices in KL Eco City have steadily risen since the completion of its buildings in late 2017. This rise can be attributed to its connectivity to an integrated transportation infrastructure and the wide array of amenities and facilities within the development that support work-life balance. The developer of KL Eco City has also paid close attention to ensuring spaces within and without the office buildings encourage collaboration and innovation, besides offering companies flexibility over their space requirements, scalability and tenancy duration.”

Connected to an LRT-KTM Integrated Rail Hub just two LRT stations away from KL Sentral, KL Eco City benefits from being a short commute to downtown Kuala Lumpur and other major satellite cities in the Klang Valley via the nearby Light Rail Transit and commuter train services, as well as a comprehensive arterial road network offering multiple links to major highways. A unique double-level road system within the development also facilitates ingress and egress towards major roads and highways including the Federal Highway, New Pantai Expressway, Jalan Bangsar, and Jalan Maarof. In addition, an extensive series of connecting pods, pedestrian links and green spaces integrate the various buildings within the development.

KL Eco City is also a designated Multimedia Super Corridor (MSC) Cybercentre, whereby businesses within the development may enjoy various tax and investment incentives, as well as access to world-class ICT infrastructure and support services.

Yulia Nikulicheva, Head of Research & Consultancy, JLL Property Services (M) Sdn Bhd, offers this insight: “The MSC status gives eligible companies significant financial and entrepreneurial benefits, including tax exemptions for up to 10 years; exemptions from import duties on multimedia equipment; and no restrictions on capital or talent sourcing, or on ownership structure. MSC-status companies will receive support from the government and its agencies in terms of provision of favourable business and technical environments for their operations.

“Global trends show that the presence of ICT-related businesses in mixed-use real estate projects has a positive impact on the overall performance of the real estate within these projects,” Nikulicheva adds. “The presence of ICT-related businesses should bring other companies into the area – some will be partners working in synergy with established companies, while some will be attracted by the positive image of the area and the strong pool of tenants.”

Organisations with offices in KL Eco City comprise a broad mix of multinationals and local businesses from diverse industries—ICT, financial services, e-commerce, FMCG and consulting, among others. They include Samsung Malaysia Electronics Head Office, Gilbratar BSN Head Office, Zurich Malaysia Head Office, J&T Express, F-Secure Corporation (M) Sdn Bhd, Veolia Water (Malaysia) Holding & Veolia Water Technologies, Zalora Malaysia, Shopee Malaysia, Klook Malaysia, Ace Group, Tech Titan Distribution Sdn Bhd, and SK Tiong Group.

Since its launch in 2011, KL Eco City has seen the successful completion of 15 office towers with an overall office occupancy of 92% despite the pandemic. Joining the ranks soon is Aspire Tower, the final, tallest corporate office tower in the development, and is targeted to be completed in the third quarter of this year.

Thoughtfully designed to include a landscaped deck as well as a prestigious and captivating main lobby to inspire creativity and collaboration among businesses, Aspire Tower aims to establish a dynamic corporate community. A Grade-A stratified office building, Aspire Tower offers a variety of contemporary office spaces, including customisable flexible workspaces, to meet the needs of different-sized businesses.

For instance, the Executive Offices offer compact, personable workspaces from 1,152sqft to 1,971sqft. These are excellent options for start-up companies seeking to leverage a prime locale and the presence of multinationals in the neighbourhood. Meanwhile, small and medium-sized enterprises may consider the spacious and flexible Signature Offices, which range from 3,623sqft to 16,393sqft. For large corporations, the Premier Offices offer 18,690sqft of prime workspace, and occupies the entire floor. This option creates an open and flexible business environment.

At the highest level of the 42-storey Aspire Tower are the Sky Dining restaurants & lounges. These highly sought-after commercial spaces, which are perfect to operate F&B establishments with city skyline views, are available for outright purchase by companies. Other commercial spaces to cater for the serviced premises, such as a gym with adjoining swimming pool and business centre, are also available for outright purchase by companies.

In Aspire Tower, a total of 16 high-speed elevators in two lift lobbies serve 19 levels of Executive and Signature Offices in the Low Zone, and 18 levels of Premier Offices in the High Zone. A state-of-the-art security system—including the latest card-access system, professionally-monitored Closed Circuit Televisions (CCTVs), ultra-modern Visitor Management System (VMS) and catalogued turnstiles—ensures a secure environment from lobby to rooftop of the building.

Aspire Tower occupants also enjoy the unique advantage of owning their personal car parking spaces, ensuring ease and convenience. This is something that is beyond the norm of purchasing an office unit. With the parking ownership, proprietors would not need to go through the hassle of renewing season passes or competing against floating bays.

Retail and lifestyle options can be found in INC, formerly known as KL Eco City Mall. Fully owned by S P Setia, INC is centred on the values of “Live, Learn, Work, Play” through the pillars known as LivINC, LearnINC, WorkINC and PlayINC. It’s about bringing together the community through sustainability, knowledge, innovation and networking. INC targets to achieve its occupancy rate of 80% by the end of 2023, with tenants such as TMG Mart, Camp5, In Design Lab, Perfect Healthcare one-stop healthcare centre, RFC Fitness, Bridge Academy and more. The footfall within KL Eco City is projected to be at 15,000 people approximately, and the mall is set to play a role in encouraging business and community growth in Kuala Lumpur. For even more choices, a short walk across the covered pedestrian bridge will take occupants to The Gardens and Mid-Valley Megamall.

For business travellers to KL Eco City, the new Amari Kuala Lumpur Hotel offers 252 luxurious guest rooms, complemented by four dining options providing elevated dining experiences; modern business facilities and conveniences; an infinity swimming pool; and a state-of-the-art fitness centre.

“KL Eco City is an example of a well-planned and well-delivered Transit-Oriented Development (TOD),” Lau says. “It is connected to LRT and KTM stations that are within walking distance, and is serviced by several highways. It is anchored by office and retail clusters, and also includes residential and hotel components. The project is a good example of the ‘Work. Live. Play.’ concept, where places are designed to bring people, activities, buildings and public spaces together, within easy walking distances between them.”

Teh adds, “Currently, we are also seeing increasing efforts by tenants to embrace Environment, Social and Governance (ESG) principles. This is being driven by MNCs and entities with international ambitions. Hence, there is an increasing demand from tenants for office buildings with facilities and amenities that will enable their organisations to achieve their ESG goals. With its integrated spaces that are designed according to the principles of TOD and buildings that have received Green Building Index and LEED Gold certification, KL Eco City is also leading the way in responding to this demand.”

Aspire Tower sets a towering benchmark for premium commercial space in Kuala Lumpur’s new central business district, offering a prestigious address; modern, secure office spaces; convenient access to transportation services and amenities; and optimal return on investment.

Make an appointment to view the office show unit now, contact contact Jane at +6016 671 1794, or click here.

Blending business and leisure in one award-winning hotel

Long renowned as one of Malaysia’s top business hubs, Penang houses more than 300 multinational corporations and is gaining traction as the Silicon Valley of the East.

The island is also a popular destination for meetings, incentives, conventions and exhibitions (MICE) in Asia, while local and international tourists are drawn to Penang’s rich cultural heritage, idyllic sea views and state-of-the-art modern amenities.

For business visitors, the Setia Penang International Convention and Exhibition Centre – known as Setia SPICE – delivers a sterling integrated events experience a mere 10-minute drive from Penang International Airport.

Just next door is Amari SPICE Penang, a contemporary business hotel that recently won three awards at the prestigious HAPA Awards Malaysia Series 2023–2024.

Known as Asia’s Hospitality Oscars, the HAPA Awards recognised Amari SPICE Penang as Malaysia’s Best MICE Hotel and named the hotel’s general manager, Mr Noorazzudin Omar, one of the Top 20 General Managers in the Hospitality Personality category. Amari SPICE Penang also received the HAPA Award of Resilience, a special recognition given to hotels and hospitality establishments for overcoming challenges in the face of the COVID-19 pandemic.

A BUSINESS TOURISM DESTINATION LIKE NO OTHER

Managed by the ONYX Hospitality Group, Amari SPICE Penang is the flagship Amari Hotel in Malaysia. With immediate connectivity to Setia SPICE, proximity to the airport, and modern facilities, it has become the go-to destination in Penang for domestic and international MICE organisers.

Conveniently situated in Penang’s central business district in Bayan Lepas, the hotel also remains within a 25-minute drive from popular attractions, such as Penang Hill, Penang Botanic Gardens and the George Town UNESCO World Heritage Site.

For business visitors, Amari SPICE Penang offers a range of amenities designed to replicate the comfort and efficiency of working from home.

Besides standard features such as free Wi-Fi and secure parking, the hotel provides a multilingual concierge, currency exchange and ample space for meetings and events – from small-group discussions to dinner-and-dance functions. It also has a team of specialised event planners ready to assist with organising the perfect gathering.

WORK ENDS, RELAXATION BEGINS

At Amari SPICE Penang, the end of a meeting-filled day should mark the beginning of a relaxing experience. Take your pick from more than 450 rooms, all stylishly designed with smart workspace features to cater to business and leisure needs.

Deluxe and Premier rooms provide views of hillside greenery, golf courses or the city skyline via floor-to-ceiling windows. Enjoy top-notch comfort with beds chosen for sleep quality and an ensuite rain shower. A dedicated workspace gives you space to focus, while the 50-inch TV with streaming capabilities and a wireless soundbar lets you unwind with your favourite shows. Premier room guests also have their own coffee machines for the perfect start to their day.

Deluxe rooms at Amari SPICE Penang offer stunning views, comfortable beds and dedicated workspaces.

Executive and Executive Deluxe rooms provide Executive Lounge access, with benefits such as private check-in, meeting room usage and complimentary breakfast. The lounge boasts panoramic views from the 25th floor, best admired over cocktails and appetisers at sunset.

On the 25th floor, the Executive Lounge is open from morning to night and offers international breakfasts, cocktails and canapes.

For a more luxurious experience with the same Executive Lounge privileges, the one-bedroom suites and the spacious 143-sq-m Amari Suite offer a home away from home, replete with lavish furnishings, rich textiles and charming Peranakan-inspired accents.

ENJOY THE ESCAPE

Pop over to Cascade, a cosy space for afternoon tea and evening drinks.

When it comes to dining, Amari SPICE Penang rises to the occasion with five restaurants and bars: The all-day, East-meets-West Amaya Food Gallery set in a tropical garden; the popular Amaya Bar, where guests can unwind over a drink; Cascade, for afternoon tea and evening get-togethers; and Aqua Bar for poolside refreshments. Soon to open is the rooftop D’Observatory Sky Bar, serving European and Asian tapas, cocktails inspired by local flavours, and expansive city views.

Fitness buffs can swim laps in the hotel’s 25m-long pool surrounded by lush greenery, hit the fully equipped FIT Centre for a quick workout or jog at the running track in Setia SPICE’s roof garden.

Take a dip in the swimming pool that is set amid greenery on the fifth floor.

For a complete escape from work, a rejuvenating experience awaits at Breeze Spa. Try the Signature Mood Massage, or ask for a recommendation while relaxing in one of the five luxuriously appointed treatment rooms.

As Malaysia’s premier MICE hotel, Amari SPICE Penang welcomes guests intending to conduct business in comfort – and in between, experience best-in-class hospitality that makes work travel feel like a vacation.

Brighten your world of work and play at the vibrant Amari SPICE Penang.

S P Setia on track to meet long-term goals via planned, strategic land sales

From left: Datuk Alex Khaw Giet Thye, chief operating officer – property of Scientex Bhd; Lim Peng Jin, managing director/chief executive officer of Scientex Bhd; Choong; and Datuk Zaini Yusoff, chief operating officer of S P Setia at the signing ceremony today. (Photo by S P Setia)

 

SETIA ALAM (July 5): S P Setia Bhd announced today of its disposal of freehold land measuring approximately 959.72 acres to Scientex Lestari Sdn Bhd for a cash consideration of RM547.65 million. The sale was executed through S P Setia’s indirect wholly-owned subsidiary, Pelangi Sdn Bhd, following a conditional sale and purchase agreement signed on the same day.

According to a media release by S P Setia today, the land located in Mukim of Tebrau District of Johor Bahru “hold strong value due to their prime location along the SenaiDesaru Expressway (SDE)”.

Positioned approximately 18 km east of the Senai International Airport and 28 km north of Johor Bahru city centre, “the lands provide easy access to major transportation routes”.