S P Setia scores new milestone in Australia

Expansion mode: An aerial view of 20 Atchison Street. It is located on prime corner freehold land and is only six kms from the Sydney CBD.

PETALING JAYA: S P Setia Bhd has achieved a new milestone in its Australian development after successfully acquiring a prime land site in Sydney, New South Wales, at an entry cost point of A$73.3mil (RM220mil).

This will be S P Setia’s maiden foray into New South Wales and the new venture is located at 20 Atchison Street in St Leonards, a neighbourhood described as a combination of urban amenities within a leafy suburb.