S P Setia Receives FIABCI Heritage Award for Battersea Power Station

“The group received certificates from the Ministry of Housing at the June 7 ceremony in Putrajaya, celebrating FIABCI World Prix D’Excellence Awards 2024 gold winners.”

Kuala Lumpur, 11th June 2024 – S P Setia Bhd received the Heritage Award at the FIABCI World Prix D’Excellence Awards 2024 in Singapore for the Battersea Power Station project on May 30.

S P Setia was part of a Malaysian consortium, which included Sime Darby Property Bhd, Employees Provident Fund, and Permodalan Nasional Bhd, responsible for revitalizing the iconic London landmark.

“We are truly honored to receive this recognition for revitalizing this iconic London landmark. It highlights our success in preserving its historical charm and façade while introducing modern elements and a diverse retail mix. This award motivates us to continue expanding our reach in international markets,” said S P Setia CEO and president Datuk Choong Kai Wai.

The group also received certificates from the Ministry of Housing and Local Government (KPKT) at their awards ceremony in Putrajaya on June 7, honoring the gold award winners of the FIABCI World Prix D’Excellence Awards 2024.

S P Setia chief operating officer Datuk Zaini Yusoff, who attended the event, noted that KPKT’s recognition of the gold awards included the company’s past achievements from their various developments.

The project spans 42 acres of prime London real estate, featuring 3.5 million sq ft of mixed-use commercial space, 4,000 residences, and the 164-room art’otel London Battersea Power Station.

“The regeneration development reflects Setia’s and its shareholders’ commitment to sustainability. These values align with Setia’s dedication to environmental and social responsibility, supporting the group’s vision to be a leader in creating sustainable communities,” the developer stated in a media release.

To date, S P Setia holds the world record for the most gold award wins globally, with a total of 17 FIABCI World Gold Prix d’Excellence Awards.

Set to become London’s next vibrant hub and destination, the newly revitalized Battersea Power Station boasts a gross development value (GDV) of approximately £9 billion (RM52 billion) and was acquired by its current shareholders in 2012.

The project spans 42 acres of prime London real estate, featuring 3.5 million sq ft of mixed-use commercial space, 4,000 residences, and the 164-room art’otel London Battersea Power Station.

“The regeneration development reflects Setia’s and its shareholders’ commitment to sustainability. These values align with Setia’s dedication to environmental and social responsibility, supporting the group’s vision to be a leader in creating sustainable communities,” the developer stated in a media release.

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