The company won the award for its luxury high-rise development, Setia Sky Residences, sited on 2.4ha of prime freehold land in Kuala Lumpur.
S P Setia executive vice-president Datuk Wong Tuck Wai, who received the award on behalf of the group, said there had been some truly exceptional properties on the shortlist.
“We are truly honoured by this recognition as it speaks volumes of our innovative inspirations and our commitment to deliver excellence to our customers,” he said in a press statement yesterday.
Setia Sky Residences also won the Best Luxury Condo for Central Malaysia at the Malaysian chapter of the awards, as well as the Special Honour Award at the Malaysia Landscape Architecture Awards 2013.
S P Setia is the only Malaysian developer to have received six FIABCI Prix d’Excellence Awards by the International Real Estate Federation (FIABCI) and eight FIABCI Malaysia Property Awards.
As of Aug 31, 2014, S P Setia had 33 ongoing projects and 1873.7ha of undeveloped land-bank worth RM93bil in remaining gross development value, of which its effective stake is RM64bil.
The South East Asia Property Awards 2014 was organised by Ensign Media, the publisher of Property Report South East Asia magazine.
Over 300 entries were shortlisted by BDO Advisory, one of the world’s largest auditing firms, which acted as an independent auditor for the awards ceremony.
About 30 awards were presented, including Best Commercial Development, Best Green Development, Best Villa Development and Best Developer.
For more information on Building and Construction event, please visit www.asiapacificevents.com
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