Uncovering the Story of Property Developer SP Setia: From Infancy to Today

SP Setia is a well-established property developer that has made a significant impact in the Malaysian property market. The company has a rich history and an impressive portfolio of successful developments, making it a name synonymous with quality and innovation in the industry. In this article, we take a closer look at the history of SP Setia, the story of its founder, and the company’s successful developments, including the TDV of each project.

The History of SP Setia: From Infancy to Today

SP Setia was founded in 1974 by Tan Sri Dato’ Seri Lim Heng Seng. It started as a small contractor company and has since grown into a publicly listed company with a market capitalization of over RM 10 billion. Over the years, SP Setia has expanded its business to include property development, construction, and property investment. The company has received numerous awards for its innovative and quality projects, cementing its reputation as a leading property developer in Malaysia.

The Story of the Founder: Tan Sri Dato’ Seri Lim Heng Seng

Tan Sri Dato’ Seri Lim Heng Seng is the founder and chairman of SP Setia. He is a visionary entrepreneur with a passion for creating innovative and sustainable developments. Under his leadership, SP Setia has grown from a small contractor company to one of the largest and most successful property developers in Malaysia.

Today, Tan Sri Dato’ Seri Lim Heng Seng is still active in the business and is a well-respected figure in the industry. He is dedicated to the growth and development of SP Setia, and his passion and drive continue to inspire the company to achieve greater success.

Successful Developments by SP Setia

SP Setia has completed numerous successful developments over the years, each one a testament to the company’s commitment to quality and innovation. Some of their most notable projects include:

1. Setia Eco Park: This sustainable development features a mix of residential, commercial, and recreational areas. The TDV of Setia Eco Park is RM 2.3 billion.
2. Setia Alam: This sprawling residential development features a range of homes, from single-story homes to high-rise apartments. The TDV of Setia Alam is RM 5.5 billion.
3. Setia Sky Residences: This luxurious high-rise development offers residents breathtaking views of the city skyline. The TDV of Setia Sky Residences is RM 1.2 billion.
4. Setia Walk: This mixed-use development features a range of retail, dining, and entertainment options, as well as residential units. The TDV of Setia Walk is RM 1.5 billion.
5. Setia EcoHill: This eco-friendly development features a range of residential options, including single-story homes and high-rise apartments. The TDV of Setia EcoHill is RM 1.7 billion.

[Look at another one of Malaysia’s top property developers here – Mah Sing]

FAQs:

1. What is the history of SP Setia?

SP Setia was founded in 1974 by Tan Sri Dato’ Seri Lim Heng Seng and started as a small contractor company. It has since grown into one of the largest and most successful property developers in Malaysia, with a market capitalization of over RM 10 billion.

2. Who is the founder of SP Setia?

The founder of SP Setia is Tan Sri Dato’ Seri Lim Heng Seng. He is a visionary entrepreneur and the chairman of the company.

3. What are some of SP Setia’s successful developments?

Some of SP Setia’s successful developments include Setia Eco Park, Setia Alam, Setia Sky Residences, Setia Walk, and Setia EcoHill. Each of these projects showcases the company’s commitment to quality and innovation.

Conclusion:

SP Setia is a leading property developer in Malaysia, with a rich history and a portfolio of successful developments. The company was founded by Tan Sri Dato’ Seri Lim Heng Seng and has grown from a small contractor company to a publicly listed company with a market capitalization of over RM 10 billion. SP Setia’s commitment to quality and innovation has earned them numerous awards and recognition in the industry. The story of SP Setia is a testament to the visionary leadership of Tan Sri Dato’ Seri Lim Heng Seng and the company’s unwavering commitment to excellence.