S P Setia adds shine to project with solar hub

Latest offering: (from left) S P Setia executive vice-president Stanley Saw, Setia Eco Park GM Desmond Ong, S P Setia president and CEO Datuk Khor Chap Jen, Koe and divisional GM Goh Tzen Sernz at the launch.

PETALING JAYA: With increasing environmental awareness, sustainability themes continue to add value to property developments.

S P Setia Bhd senior executive vice-president Datuk Koe Peng Kang believes that this has helped triple the value of the company’s 316ha Setia Eco Park development in Setia Alam.

“When we started the project, it had a gross development value (GDV) of about RM2.2bil. Today, the GDV has gone up three times to RM6.6bil because of all the concepts we have put in, ” he said.

Koe said the developer would continue to put sustainability at the core of its projects.

Yesterday, it launched the 1.44ha lifestyle hub and food emporium called D’Network – the latest project at Setia Eco Park.

Using a 345kWp solar power system, D’Network utilises 207kWp of renewable energy supply to power its common areas. It has a net lettable area of 3,984 sq m.

Koe said its solar panels could generate enough energy for its common area use.

There are 11 tenants at D’Network including food and beverage brands such as Garden Grocer, Grand Ya Lim, The Grange, San Francisco Coffee, Thai Odyssey, D’global Cuisine by Chef Zubir, Kotak Kopi, Liana & Dina and Mail Boxes ETC services.

The Setia Eco Park is currently 65% completed and will take another 10 years for full development.