KUALA LUMPUR: Ever since the turn of the millennium, Malaysia’s property development scene has witnessed a massive transformation that has steadily contributed to the nation’s growth and advancement.
For over three decades, Setia Awan Group’s property development arm has played its role in this advancement to make great strides in the arena within several states in Malaysia.
With its headquarters in Perak, Setia Awan has a well-established presence in the northwest state of Peninsular Malaysia.
Cumulatively, Setia Awan has a total gross development value (GDV) of over RM3bil.
For over 30 years, the areas of Seri Manjung, Sitiawan and Pangkor Island in Perak have been experiencing high growth due to many factors.
These include the increase in investment, the setting up of the Lumut naval base, big infrastructure projects and project developments that cater to the demand for housing and other services.
Throughout the visible growth, Setia Awan has been a crucial player that has directly contributed to the growth of two major hotspots in the state.
The developer started with pocket projects around Sitiawan and Seri Manjung, which became a crucial foundation for the developed districts they have become today.
Their secret to success is keeping their projects affordable, practical and functional.
As one of the leading property developers in Perak, Setia Awan has continued developing the area by building multiple townships with thousands of residential units and commercial and retail buildings to enable Sitiawan and Seri Manjung to bustle with economic activities and job opportunities.
“Setia Awan has found continued success through the company’s core values of innovation, sustainability and quality. Many of our homebuyers and customers trust in our capabilities to ensure that our properties are designed to create quality lifestyles while also offering sustainable commercial value for our stakeholders,” said Setia Awan Group central region executive director Ng Teck Hua.
Expanding their expertise
In the last few years, Setia Awan has expanded its expertise in property development further to Melaka (Sri Melaka Residensi) and Negeri Sembilan (Kemayan Heights S2).
Setia Awan has also seized the opportunity to expand into the nation’s capital with Brezza Hill Residensi, its first project in Kuala Lumpur.
“Over the past few years, we have noticed a gap within the Klang Valley’s property ownership prospect that has made it almost impossible for a majority of the population to own a home in the big city.
“With our new and upcoming projects in and around Kuala Lumpur, we hope to be able to help home buyers by building and delivering quality yet affordable homes located strategically close to modern amenities,” Ng added.
For its second project venture in the Klang Valley, Setia Awan will be launching the 6.75-acre mixed development, Astrum Ampang. Mainly comprising residential units, it is situated within the fast-growing vicinity of Jalan Ampang and Jalan Jelatek.
Connected to the Jelatek LRT station, Astrum Ampang is built with the transit-oriented development (TOD) concept.
Working adults in their 20s who can afford a place to call home in the big city has become very uncommon, but Setia Awan aims to be a game-changer. By offering sensibly-designed homes that suit the young working class’ needs in the urban city, the developer hopes to bring affordability back on the table for city developments.
Slated to be launched in Q2 2021, each SoHo transit concept unit will have a built-up area of 280 sq ft and priced from RM230,000.