S P Setia gets 60% take-up rate for Setia Neo II


Setia Neo II has 56 units of double-storey terrace factories with land area of 24 ft by 80 ft and 24 ft by 108 ft.

KUALA LUMPUR: S P Setia Bhd has unveiled its Setia Neo II terrace factory which will potentially boost business growth with a strategic address in the industrial zone of Johor in Taman Industri Jaya.

With a gross development value of RM75.4mil, Setia Neo II has 56 units of double-storey terrace factories with a land area of 24 ft by 80 ft and 24 ft by 108 ft, priced from RM1.12mil.

“As the economy recovers and more people are exploring to start their own businesses in the post-pandemic times, Setia Neo II would be able to fulfil the needs of business owners being well-situated in the industrial zone of Johor and having a flexible layout.

“We are receiving a positive response from our buyers made up of both business owners and investors, and we have already recorded a 60% take-up rate since the launch of Setia Neo II on Sept 12,” divisional general manager Saniman Amat Yusof said in a statement.

According to S P Setia, Setia Neo II is easily accessed via Jalan Gelang Patah and Jalan Sutera Danga, as well as the Pasir Gudang Highway, Skudai Highway, and North-South Expressway.

The terrace factory is located just 4km away from Bukit Indah and 16km from Johor Bahru. Senai International Airport is within a 21.5km distance, while the Woodlands checkpoint and Tuas checkpoint in Singapore are 27.1km and 29km away.

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