S P Setia yesterday signed a memorandum of collaboration (MoC) with the Penang Development Corp (PDC) to jointly develop approximately 350 acres of land within Setia Fontaines into a mixed and/or industrial development.

S P Setia Bhd has surpassed its sales target for the financial year ended Dec 31, 2024 (FY24), recording RM5.02bil in sales against a target of RM4.4bil, despite a challenging economic environment.

Property developer S P Setia Bhd wrapped up its multi-tiered Setia Chinese New Year (CNY) 2025 campaign to great success, drawing thousands of visitors to its festive open houses throughout the month and receiving an overwhelmingly positive response.

In conjunction with the Chinese New Year and Chap Goh Mei celebrations, Setia Foundation, the charity arm of S P Setia Bhd lavished 50 elderly residents from Ampang Welfare Committee (Rumah Orang Tua Ampang) on Feb 10, 2025 with activities, lunch and goodies.

S P Setia Bhd won major awards at the Malaysian Institute of Planners Planning Excellence Awards (MIPPEA) 2024.