This article first appeared in City & Country, The Edge Malaysia Weekly on July 15, 2019 - July 21, 2019

Phase 1A of Setia Safiro in Cyberjaya and Phase 1 of Setia Mayuri in Broga, Semenyih, by S P Setia Bhd were fully sold on their launch day on July 6.

Senior executive vice-president Datuk Koe Peng Kang attributed the success to the Setia brand. “I believe that homebuyers have confidence in the Setia brand and our ability to deliver unique concepts and quality homes as expected from Malaysia’s No 1 property developer.

“Setia’s agility in understanding and adapting to the [property] market, [as well as] listening to the homebuyers’ feedback have contributed to strong interest from the public for every project launched by Setia,” Koe said in a press release.

Phase 1A — called Rosario — of Setia Safiro offers 97 two-storey linked houses that come with a layout of three bedrooms and three bathrooms. With a land area of 20ft by 70ft, each unit has a built-up of 1,828 to 2,008 sq ft.

The RM87 million Setia Safiro is a 57-acre freehold township that ensures seamless living between man, nature and transport, which is inspired by Barcelona’s widely adopted modern integrated grid plan for urban city development.

The self-sustainable development is located 5km from the award-winning Setia Eco Glades. It is an affordable option for first-time homebuyers and young families looking to upgrade their house.

“Based on our strong joint-venture relationship with Setia Haruman Sdn Bhd, the master developer for Cyberjaya and Setia Eco Glades, we are thrilled to be developing Setia Safiro with them. Homebuyers can expect to see more successful collaborations in the near future in Cyberjaya,” Koe said.

Phase 1 of Setia Mayuri comprises 46 two-storey semi-detached houses with a land area of 3,149 to 6,723 sq ft and built-ups of between 2,483 and 2,518 sq ft. The development will have a layout of 4+1 bedrooms and 4 bathrooms.

“I am very pleased with the excellent take-up rate for Setia Mayuri. We are convinced that the southern corridor of Kuala Lumpur will continue to be of interest to property buyers while unique developments such as Setia Mayuri could make a difference to homebuyers,” said executive vice-president Datuk Tan Hon Lim.

The 209-acre freehold township has a gross development value of RM700 million. It is designed to provide residents with a calm and peaceful environment amidst the soaring ceilings, large picture windows, stone carvings and timber adornments. These are signature features inspired by Balinese-style architecture, which is the concept used by the township.

Launched in March this year, Setia Mayuri’s 32 two-storey lifestyle shopoffices are called Baris Place. The lot sizes measure 20ft by 80ft. With prices starting from RM1.03 million, 31 units have been sold to date.

Setia Warisan Tropika, which is slated to be released next month, is a township development by I&P under S P Setia in Salak Tinggi. Additionally, I&P is also establishing its presence in Johor through an upcoming project in the mature township of Taman Pelangi Indah.

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