S P Setia records 11th Gold win at FIABCI Prix d’Excellence Awards 2019

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MOSCOW (May 31): S P Setia Bhd has bagged its 11th Gold of the FIABCI World Prix D’Excellence Awards 2019, held in Moscow, Russia on Thursday evening. This makes S P Setia the Malaysian developer that has won the highest number of Gold awards.

The FIABCI World Gold Award went to Setia SPICE, Penang. S P Setia's Parque Melbourne, Australia won the Silver Award in the Residential High-Rise category while Circus West Village at Battersea Power Station, London also took the Silver in the Residential Mid-Rise category.

The developer also made history at the awards as this is the first time in the FIABCI World Prix d’Excellence Awards history where a company has won three awards for projects located in three different continents, in a single year.

“Our latest World Gold Award marks the 11th time S P Setia is conferred such a prestigious award, and we remain the only Malaysian developer to have achieved this feat,” said S P Setia’s president and CEO Datuk Khor Chap Jen after the awards ceremony.

He described the win as a remarkable achievement that was made possible with the dedication and hard work from the 2,300-strong Team Setia.

Team Setia at the 2019 FIABCI World Prix d’Excellence Awards with their 3 awards.

“We are thrilled and honoured that our projects are recognised and placed on par with other world-class developments. Inspired by our ‘Stay Together. Stay Setia’ brand mantra, we have not only made a name for ourselves as the No. 1 pure-play property developer in Malaysia, but now also an eminent player on the world stage,” Khor said.

CEO of Setia (Melbourne) Development Company Datuk Choong Kai Wai who was present at the awards ceremony to receive the World Silver Award for Parque Melbourne said that this recognition reaffirmed Setia’s foresight and strategy in its expansion to Australia, and would undoubtedly gain the confidence of local buyers and foreign investors. It will also serve as an endorsement to other upcoming Setia projects in Melbourne.

He added that the company will continue to adhere to customers’ expectations as a priority and he strongly believes that its commitment to innovation will help it meet the demands of a rapidly evolving market.

Upon receiving the World Silver Award for Circus West, Battersea Power Station in London, CEO of Battersea Power Station Development Company (BPSDC) Simon Murphy said: “We are truly honoured that Circus West, the first phase of the wider Battersea Power Station regeneration project, has been recognised by FIABCI as one of this year’s winners. To receive this award is a major testament to our principles of creating an exceptional place to live in.

FIABCI Prix d'Excellence recognizes projects that best embody excellence in all the real estate disciplines involved in its creation. (Photo by Rachel Chew / EdgeProp.my)

“We continue to make huge progress in creating a unique destination for London and restoring a world-famous icon that will be visited and enjoyed by many for generations to come. Circus West Village is already thriving and is a real showcase for what is to come so I would like to take this opportunity to thank our incredibly supportive shareholders who have enabled this transformational regeneration project to proceed,” said Murphy.

S P Setia’s previous international FIABCI World Prix d’Excellence award wins span across Best Master Plan Developments for Setia Eco Park, Setia Eco Gardens, Setia Alam and Setia Eco Glades, Best Retail Development for Setia City Mall, Best Residential (Low-Rise) Development for Setia Eco Park, Best Affordable Housing for Seri Kasturi Apartment in Setia Alam, and the unique 28-acre park complex Eco Greens at Setia Eco Gardens for the Best Purpose-Built/Specialised Project category. The Group’s Corporate Headquarters in Setia Alam and Eco Sanctuary, Singapore were also awarded Gold Awards in the Sustainable Development Category.