S P Setia

S P Setia lands 111-125 A'Beckett Street as offshore media reports Sapphire is all but sold out

Over the course of the last week, Malaysian developer S P Setia has landed two telling blows in Melbourne's apartment market, further enhancing its stature locally. Malaysian publication The Edge Markets has in recent days reported that the developer has secured 111-125 A’Beckett Street for a price of $61 million. Complete with permit for an Elenberg Fraser-designed apartment tower spanning 200 plus metres, the A'Beckett Street plot of 1,714sqm...
308 Exhibition Street will have views towards and over the Carlton Gardens. Image: Supplied (Cropped)

S P Setia's 308 Exhibition Street approved: Shangri-La Hotels & Resorts confirmed as operator

S P Setia has announced that it has entered into a partnership with Shangri-La Hotels & Resorts for its twin tower development at 308 Exhibition Street. In attendance were representatives from both companies including S P Setia Chairman Tan Sri Dato' Seri Dr Wan Mohd Zahid and Shangri-La Asia CEO Mr. LIM Beng Chee in addition to dignitaries from Malaysia and members of the media, including Urban Melbourne. 308 Exibition Street set to rise...

SP Setia's northern statement: 308 Exhibition Street

The wider public now has a chance to see what developer SP Setia has in store for its prime development site on the northern edge of the CBD fronting Carlton Gardens. These are the first images made available of the proposed application that carries a nominal development cost of $250 million, with the total value of the project much higher. Having secured the site earlier in the year, SP Setia now hopes to gain approval for the twin towers which...

Fulton Lane on show during its topping out ceremony

In excess of 100 guests gathered earlier this week at the Fulton Lane construction site to witness the project's topping out ceremony. In a sign of Malaysian-based developer SP Setia's propensity to be seen to be proactive, the sizeable crowd amassed for what is generally only a builders tradition which sees a juvenile tree placed atop of the newly completed concrete structure. But on this occasion in a very public ceremony three separate trees...