PETALING JAYA (July 10): New homes at S P Setia Bhd’s two latest projects, Setia Safiro and Setia Mayuri, have been sold out during their launches last weekend.
Phase 1A of Setia Safiro, called Rosario comprising 97 freehold double-storey link houses is located five kilometres from another S P Setia township, Setia Eco Glades in Cyberjaya.
Inspired by Barcelona’s widely-adapted modern integrated grid plan, Setia Safiro was designed to ensure seamless living between man, nature, and transportation.
It has an estimated gross development value of RM87 million. Built-up sizes range from 1,828 sq ft to 2,008 sq ft while prices start from RM677,450. The launch of Phase 1B will be next but details are still being finalised.
“Based on the strong joint-venture relationship we have 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 more of such successful collaborations in the near future in Cyberjaya,” said S P Setia senior executive vice-president Datuk Koe Peng Kang in a press release today.
He believes that homebuyers are confident with the Setia brand, and its ability to deliver unique concepts and quality homes as the top property developer in Malaysia.
“Setia’s agility in understanding and adapting to market needs, listening to the homebuyers contribute to the strong interest from the public for each of its projects,” said Koe.
The three-bedroom and three-bathroom units at Setia Safiro come under the recently extended National Home Ownership Campaign (HOC) that will provide buyers with discounts of at least 10% and a 100% stamp duty exemption for the first RM1 million of the house value.
Meanwhile, 46 units of Balinese resort-inspired semi-dees at Setia Mayuri in Semenyih, Selangor, with a GDV of RM44 million, were also fully taken-up during their launch last weekend.
The semi-dees have built-ups of 2,483 sq ft and 2,518 sq ft. Prices for start from RM864,000.
The entire Setia Mayuri township has an estimated total GDV of RM700 million. The development’s design concept is based on Balinese-style architecture with soaring ceilings, large picture windows, stone carvings and timber adornments.
S P Setia executive vice-president Datuk Tan Hon Lim said he is convinced that projects with unique concepts such as Setia Mayuri will draw homebuyers to the southern corridor of Greater Kuala Lumpur.
“Setia Mayuri is also managed by the Setia EcoHill team who led us to winning the Malaysia Landscape Architecture Awards (MLAA)’s Honour Award for Setia EcoHill 2’s Adventure Park under the Landscape Development Award – Developer & GLC Category earlier this year,” added Tan.
There will be a slew of fresh launches over the next few months from the developer including a new township development called Setia Warisan Tropika in Salak Tinggi and another phase of its Taman Pelangi Indah township in Johor.