Eco Sanctuary Developer-Daintree Residence
Although incorporated in 1974 as a construction company, the SP Setia story really began in 1996 when they refocused their core business to property development.
Their first property development – the 700-acre Pusat Bandar Puchong (Puchong Town Centre) – set the benchmark for subsequent S P Setia projects: a well-planned development that balances affordable quality residential and commercial properties with an outstanding landscape and community-centric facilities.
SP Setia is now well-established in all the three key economic centres of Malaysia, namely Klang Valley, Johor Bahru and Penang. They are also set to make their presence felt in East Malaysia with the building of a state-of-the-art transportation hub in Kota Kinabalu, Sabah called Aeropod @ Tanjung Aru.
Leveraging on the strong demand for commercial and investment grade properties, the Group has expanded into the commercial sector with projects such as SetiaWalk Puchong and the upcoming Kuala Lumpur Eco-City. In July 2009, it launched the first luxury high-rise condominium called Setia Sky Residences in Kuala Lumpur City Centre.
In an effort to grow the brand regionally, SP Setia embarked on its first international foray to Vietnam in 2007 when it joined forces with the country’s top state-owned conglomerate, Becamex IDC Corp to develop EcoLakes at MyPhuoc Industrial Park. The Group has also expanded its business into Australia and Singapore and is exploring opportunities in China.
Other projects in Singapore include 18 Woodsville and Eco Sanctuary.