Please don't get me wrong. I am not an employee of SPS and I do not sell any type of property. I do work directly with SPS as they are my client but definitely not in relation to marketing or selling of their properties.

Any idea when to launch shop office in Setia ecohill?

What is the future plan for these two big piece of land? Can share?

All pricing jacked up...non gng for link....semenyak. .bye bye seh....

This post has been edited by propertybbb: Jun 14 2013, 08:47 PM

INVESTORS' concern over the impending departure of SP Setia Bhd's founder may have resulted in the weak performance of its stock.

But they should in fact focus on its strength and track record, said its executive vice-president Datuk Teow Leong Seng.

"SP Setia is a solid company. You just need to look at its track record, balance sheet strength and various projects worth RM70 billion in gross development value."

Teow, who is also SP Setia chief financial officer, said the projects will keep the company busy for the next 12 to 15 years.

"Having a workforce of 1,500 ensures the execution of these projects will not be a problem. Every year, we close RM2 billion of sales. Our numbers are real," said Teow on the sidelines of Invest Malaysia 2013.

SP Setia president, chief executive officer and founder Tan Sri Liew Kee Sim has named his deputy and chief operating officer Datuk Voon Tin Yow as his successor while Teow will be Voon's deputy.

Teow said the SP Setia management is well aware of the concern expressed by investors over Liew's departure from SP Setia.

"He (Liew) has a management agreement with Permodalan Nasional Bhd (PNB) to manage SP Setia up to 2015 but he has indicated that he may go earlier. It depends on him."

Teow said the main concern now is whether some of SP Setia's staff will also leave with Liew or join other property companies.

"That is the key concern. That is why we have a long-term incentive plan for them, which has been approved by PNB and our shareholders. We hope the plan will hold our people together."

Asked if the group will be looking for more projects in London after the successful launch of the RM40 billion Battersea power station project, Teow said such plans will need to wait as the company wants to focus on Battersea first, of which it has a 40 per cent stake.

Read more: SP Setia: Focus on our strength and track record http://www.btimes.com.my/Current_News/BTIM.../#ixzz2WEytChKc

Any talk is cheap. The way SPS is handling Setia Walk already showing otherwise. Making me mad. Now saying such statement like this, huwaaa SPS now starting to cakap tak serupa bikin. I just hope they get the f*** off of the 1st position if setia walk is the sort of commitment that they r giving to consumers now.

Not sure woh.

You cannot have gng when it's on individual title. So be it Semenyih or KLCC, the same law applies.

Got way wan. Ttdi alam impian is individual title but fenced and guarded.. Same goes for temasya glenmarie.

Shop office in this area will need more time to mature.
Better to look around Kajang township for some old germs

newbies here. is there any incoming for eco hill? i tot arroyo already sold out?

Yes possible alot project more for F&G

Hahaha. Shhh.

Whats happening with Setia Walk?£

Sometimes, we couldn't beleived or take on any credit from hearing from others..
We have to bleived its with our own eyes.
No one will eva know,wats will be going on..

Hope i will get selected for the Ballot Session..

See on ur own is better bro. Every weekdays u go and see early morning got a few buses. See who are inside. When the day reaches dusk, check out who hangs around. Weekends too. If u ask me, sps has failed to revive the place fast enough hence this problem. But setia city mall pulak totally the opposite.

This post has been edited by AMINT: Jun 16 2013, 11:28 PM

U sound very true n knew the actual thing in sw. Are u currently staying there?

Ac

I have vested interest but disappointed already. Residents have done their part but doesnt seem to go anywhere. Haizzz

Abg Amint, what is the way? Perhaps u can shed some light to us.

Developer plays a major role here. when buying the property, developer must give one document stating need to have "guarded" requirement. after the taman already got ccc, then developer + buyers (in a form of committee) need to go to council to go for fence and guarded.