Share
LUXEMBOURG: Setia City Mall in Setia Alam, Shah Alam, bagged the gold award in the retail category at the Federal of International Real Estate (Fiabci) Prix d’Excellence Awards held on Wednesday.
Co-owned by S P Setia Bhd and Asian Retail Investment Fund, a fund managed by a leading international integrated property and infrastructure group Lend Lease, Setia Mall offers over 740,000 sq ft of net lettable area with 240 retailers.
The mall was recognised for its sustainable development model, innovative concept and social benefits. The award also marks the developer’s sixth win in the annual awards.
“Winning our sixth Fiabci Prix d’Excellence Award, [this time for] Setia City Mall, our first foray into retail development, is indeed rewarding and an exemplary showcase of a successful cross-nation partnership enabling the convergence of S P Setia’s local expertise with the global credentials of Lend Lease,” said S P Setia’s acting president and chief executive officer Datuk Voon Tin Yow in a statement.
S P Setia was ranked first in The Edge Property Excellence Awards in 2013. It also marked the eighth year the developer has earned the coveted top spot, from 2005 to 2008 and again from 2010 to 2013.
“Showcasing [numerous] international flagship brands and new-to-market retailers, Setia City Mall has not only transformed the retail landscape of its catchment area with city sophistication, but most importantly it’s also an environmentally responsible place to shop,” he said.
Lend Lease head of Malaysia Dinesh Nambiar said: “Setia City Mall is the perfect showcase of Lend Lease’s commitment to champion the next generation of innovative and sustainable property solutions, as well as our capability of delivering the entire project end-to-end property value chain from development, investment management, project management and construction, and asset and property management.
“Among the mall’s green features are energy-efficient lighting and air conditioners, water-saving fittings, rainwater harvesting, high-performance chillers and a dedicated recycling centre,” Dinesh said.
Another gold winner this year was Malaysian Resources Corp Bhd for its Platinum Sentral development in Kuala Lumpur under the sustainable development category.
 |
| WE DID IT AGAIN! From left: Fiabci World Prix d’Excellence Awards 2014 Committee president Yeow Thit Sang, S P Setia Bhd acting president and chief executive officer Datuk Voon Tin Yow and Fiabci World president 2013/2014 Flavio Gonzaga Nunes at the Fiabci awards presentation. S P Setia had picked up its sixth Fiabci award, this time for its Setia City Mall in Shah Alam. |
Malaysian developers Sunway Bhd, for its Sunway Palazzio, and Ireka Group for its Seni Mont’Kiara bagged world silver awards as well. Both projects are in Kuala Lumpur and won in the residential (high-rise) category. Seni Mont’Kiara is the third collaboration between the Ireka Group via Aseana Properties Ltd’s unit Amatir Resources Sdn Bhd and CapitaLand Financial.
Additionally, Penang-based developer Hunza Properties Bhd also took home a world silver award for its St Jo’s project under the heritage (restoration/conservation) category.
About 600 winners and guests from all over the world attended the annual awards ceremony, which was held in conjunction with the Fiabci 64th World Congress. The winners were shortlisted by an international panel of 61 judges from 31 countries.
This article first appeared in The Edge Financial Daily, on May 23, 2014.
