Slide 1: Financial Results & Group Update
FINANCIAL RESULTS & GROUP UPDATE FOR THE YEAR ENDED 31 DECEMBER 2021 28 February 2022
Slide 2: Highlights of FY2021 Results
HIGHLIGHTS OF FY2021 RESULTS Solid Sales Performance for FY2021 amidst extended Covid-19 pandemic ❑ Unsurpassed sales performance of RM4.26 billion in FY2021 and has outperformed original sales target of RM3.80 billion. Extension of HOC Campaign to end-2021 augured well for the Group. Cleared RM754
Slide 3: Retained Position as Leading Property Developer in Malaysia
Retained Position as Leading Property Developer in Malaysia International, Central, SALES 762 , 18% 2,759 , 65% Local 82% International 18% Eastern, (165), -4% Sales from HOC Sales of RM2,154 million RM 4,260 62% of Local Sales Southern, million Sales from Completed 556 , 13% Inventories : RM754 mil
Slide 4: 5 Years Financial Highlights: Group Sales Performance
5 Years Financial Highlights Group Sales Performance Sales (RM’million) Central Southern Northern Eastern International Sales achieved : Sales achieved : Sales achieved Sales achieved : Sales achieved : RM4,920 mil RM5,123 mil : RM4,555 mil RM3,821 mil RM4,260 mil Sales Target : Sales Target : Sales
Slide 5: 5 Years Financial Highlights: Group Revenue
5 Years Financial Highlights Group Revenue Revenue (RM’million) Malaysia Singapore Australia Vietnam RM4,520 mil RM3,594 mil RM3,929 mil RM3,228 mil RM3,763 mil Staggered completion of Parque, Melbourne – Revenue of projects in Australia are recognized 2016: RM394 mil on completion method basis 11 2
Slide 6: 5 Years Financial Highlights: Group Profit Before Tax
5 Years Financial Highlights Group Profit Before Tax – achieved pre-covid level Profit Before Tax Operational Profit Operational Profit Others (RM’million) (Malaysia) (International) RM1,271 mil RM991 mil RM598 mil (RM157 mil) RM542 mil Gain on disposal of 1. Gain on disposal of investment investmen
Slide 7: 5 Years Financial Highlights: Profit Attributable to Shareholders
5 Years Financial Highlights Profit Attributable to Shareholders Profit Attributable to Operational Profit Operational Profit Others Shareholders (RM’million) (Malaysia) (International) RM933 mil RM671 mil RM344 mil (RM321 mil) RM284 mil 1. Gain on disposal of investment properties - RM20 mil 2. Gai
Slide 8: Financial Highlights: Year-on-Year Analysis
Financial Highlights y-o-y analysis Group Sales Group Revenue Group PBT 11% 17% 76 % 4,260m 3,821m 123 64 3,763m 83 111 575 542m 82 3,228m 39 551 24 Excluding 53 620 Impairments 93 in FY2020 224 308m 3,498 489 3,105 2,993 2,887 330 (22) FY2020 FY2021 FY2020 FY2021 FY2020 FY2021 (Restated) Operationa
Slide 9: Financial Highlights: Resilient Performance
Financial Highlights Resilient performance Profit & Loss (RM million) FY2021 FY2020 (Restated) Revenue 3,763 3,228 Gross Profit 1,007 696 Gross Profit Margin 26.8% 21.6% Gross Profit – Excluding one off item 1,007 824 @ Gross Profit Margin – Excluding one off item 26.8% 25.5% Profit Before Tax 542 (
Slide 10: 99% Take Up for Eco Lakes Villa & Semi-D
99% TAKE UP FOR ECO LAKES VILLA & 2&3 STOREY SEMI-D R4A-P1&P2 January 2021 99% take-up R4A P1 & P2 Type: Villa & 2&3 Storey Semi-D Lot Size: 1,223 – 1,891 sft Built-up Area: 2,549-5,594 sft Price Range: from RM810,000 – RM1.73 mil No. of units: 110 Artist Impression of Legasi 2 environment 10 10
Slide 11: 100% Take Up for Setia Alamimpian 2-Storey Terrace
100% TAKE UP FOR SETIA ALAMIMPIAN 2-STOREY TERRACE (Ph A3-07 MELODIA 1) January 2021 100% take-up Artist Impression: Melodia 1 MELODIA 1 (Phase A3-07) Type: Double storey terrace house Lot Size: 22’ x 75’ Built-up Area: 1,650 sq ft Price Range: from RM738,000 onwards Artist Impression: Melodia 1 fro
Slide 12: 99% Take Up for Setia Bayuemas 2-Storey Terrace
99% TAKE UP FOR SETIA BAYUEMAS 2-STOREY TERRACE – CARISSA March 2021 99% take-up CARISSA Type: Double storey terrace house Lot Size: 24’ x 70’ ; 24’ x 75’ ; 26’ x 70’ ; 26’ x 75’ Built-up Area: 1,929 – 2,327 sq ft Price Range: from RM682,000 – RM964,000 No. of units: 82 12
Slide 13: 98% Take Up for Setia Alam 2-Storey Terrace
98% TAKE UP FOR SETIA ALAM 2-STOREY TERRACE – PLENUM March 2021 98% take-up PLENUM Type: Double storey terrace house Lot Size: 22’ x 70’ Built-up Area: 2,080 – 2,516 sq ft Price Range: from RM778,000 – RM1.17 mil No. of units: 62 13
Slide 14: 99% Take Up for Setia Ecohill 2-Storey Terrace
99% TAKE UP FOR SETIA ECOHILL 2 2 STOREY TERRACE – ACORUS March 2021 99% take-up ACORUS Type: Double Storey Terrace House Lot Size: 20’ x 65’ Built-up Area: 1,401 sq ft onwards Price Range: from RM463,000 onwards No. of units: 69 14
Slide 15: 93% Take Up for Bandar Kinrara Semi-Detached
93% TAKE UP FOR BANDAR KINRARA 2-STOREY SEMI DETACHED – ANGGUN 3 May 2021 93% take-up ANGGUN 3 (Ph. 7A8A-2) Type: Double Storey Semi- Detached Lot Size: 40’x80’ Built-up Area: 3,100 sq ft Price Range: RM1.94 million No. of units: 28 15
Slide 16: 95% Take Up for Setia Ecohill 2 Terrace House
95% TAKE UP FOR SETIA ECOHILL 2 2 STOREY TERRACE HOUSE – ACORUS 2 May 2021 95% take-up ACORUS 2 Type: Double Storey Terrace House Lot Size: 20’ x 65’ Built-up Area: 1,401 sq ft onwards Price Range: from RM466,000 onwards No. of units: 62 16
Slide 17: 100% Take Up for Setia Alam Semi-Detached Doshia
100% TAKE UP FOR SETIA ALAM 2 STOREY LINKED SEMI-DETACHED DOSHIA July 2021 100% take-up DOSHIA Type : 2 Storey Semi-D Lot Size: 32’ x 75’ Built-up Area: 2,529-2,844 sft Price Range: from RM1.103 mil - RM1.501 mil No. of units: 48 Artist Impression of Legasi 2 environment 17 17
Slide 18: 99% Take Up for Setia Alam Terrace House Croceus
99% TAKE UP FOR SETIA ALAM 2 STOREY TERRACE HOUSE – CROCEUS August 2021 99% take-up CROCEUS Type: Double Storey Terrace House Lot Size: 20’ x 70’ Built-up Area: 1,910 sq ft – 2,376 sq ft Price Range: from RM733k – RM1.196mil No. of units: 113 18
Slide 19: 98% Take Up for Setia Alam Link House Validum
98% TAKE UP FOR SETIA ALAM 2 STOREY LINK HOUSE - VALIDUM October 2021 98% take-up VALIDUM Type: Link House Lot Size: 22x70 sft Built-up Area: 2,104-2,593 sft Price Range: from RM790,000 – RM1.21 mil No. of units: 93 rtist Impression of Legasi 2 environment
Slide 20: 96% Take Up for Setia Alam Semi Detached Garciae
96% TAKE UP FOR SETIA ALAM 2 STOREY SEMI DETACHED - GARCIAE October 2021 96% take-up GARCIAE Type: 2 storey semi detached Lot Size: 32 x75 sft Built-up Area: 2,574 sq ft – 2,817 sq ft Price Range: from RM1.09 mil – RM1.49 mil No. of units: 48 rtist Impression of Legasi 2 environment
Slide 21: 100% Take Up for Bandar Kinrara Semi Detached Theara
100% TAKE UP FOR BANDAR KINRARA 2-STOREY SEMI DETACHED - THEARA October 2021 100% take-up THEARA (Phase 7A10B2) Type: Double storey semi detached Lot Size: 50’x100’ Built-up Area: 3,324 sq ft Price Range:RM2.4m – RM3.16m No. of units: 20 Artist Impression: Melodia 1 front facade Melodia 1 pocket par
Slide 22: 100% Take Up for Ecolakes Row Houses, Shophouses
100% TAKE UP FOR ECOLAKES 2&3 STOREY ROW HOUSES, SHOPHOUSES October 2021 100% take-up Overall Housing Artist Impression of R4A P1&P2 Garden of Splendour 2 – Phase 3 (R8B) Type: 2&3 Storey Row Houses, ShopHouses Lot Size: 884 - 2,197 sp ft Built-up Area: 1,343 - 3,353 sp ft Price Range: RM409k – RM1.
Slide 23: 93% Take Up for Setia Greens Semi Detached Casa Rica
93% TAKE UP FOR SETIA GREENS 2-STOREY SEMI DETACHED - CASA RICA November 2021 93% take-up CASA RICA Type: Double storey terrace house Lot Size: 32’x75’ Built-up Area: 2,897– 3,046 sq ft Price Range: from RM1.9 mil – RM2.5 mil No. of units: 15
Slide 24: Major Overseas Project Update
MAJOR OVERSEAS PROJECT UPDATE DELIVERING PROGRESS…
Slide 25: Battersea Power Station Master Plan
BATTERSEA POWER STATION Master Plan Phase 1 – Completed 7 1 6 2 5 6 6 1 5 4 Phase 2 – Office & Resi - Completed Retail – Mac to June 22 3A 3A Phase 4a 3A 4 Phase 3A – 3C 3C Feb 22 to June 22 3B NLE – Opened 25
Slide 26: Battersea Power Station: Total GDV GBP 9.3 bil
BATTERSEA POWER STATION Total GDV : GBP 9.3 bil Christmas Deco @ Battersea Power Station Retail @ Halo Road Phase 2 - Boiler House Phase 2 - Switch House East (SHE) New show unit Phase 3 – Prospect Park Phase 3A - Apartment Phase 3A – Gehry Building 26
Slide 27: Battersea Power Station Phase 2 and 3A
BATTERSEA POWER STATION Power Station Switch House West opens its doors to its first residents on 25-May-2021 Phase 2 Phase 3A (Power Station) (Electric Boulevard) Launched May 2014 Launched October 2014 GDV (Resi) £712 m GDV (Resi) £847 m Units 256 Units 540 Expected Completed Jan-22 to June-22 Com
Slide 28: S P Setia Projects in Melbourne
S P SETIA PROJECTS IN MELBOURNE 6 Projects in Melbourne with remaining GDV of AUD650 mil for Shangri-la hotel COMPLETED ON-GOING ON-GOING 1 6 1 6 5 Uno Melbourne (GDV 462 mil) 636 units along A'Beckett St Fulton Lane (GDV AUD 450 mil) Saphire by the Gardens 805 units along Franklin St COMPLETED (GDV
Slide 29: Construction Update in Australia
CONSTRUCTION UPDATE IN AUSTRALIA Site Progress Sapphire by the Gardens, Uno Melbourne Melbourne GDV AUD1,052 mil GDV AUD465 mil GDV AUD402 mil (Apartments) GDV AUD650 mil (Shangri-La Hotel) • 80% completed as at 31-December-2021 • 40% completed as at 31 December 2021 • Residential slab at level 50 •
Slide 30: Singapore
SINGAPORE 3 Residential Developments with GDV of SGD 1.06 billion COMPLETED ON-GOING 1 3 Daintree Residence (GDV SGD 472 mil) 327 units along Toh Tuck Road 18 Woodsville (GDV SGD 120 mil) 101 units in Potong Pasir 2 COMPLETED 2 3 1 Site Progress as at 31-Dec 2021 Eco Sanctuary Expected completion Q4
Slide 31: Vietnam
VIETNAM 2 Projects – remaining GDV of RM1.45 bil Close proximity to major cities & easily accessible • 16 km to Thu Dau Mot Town • 22 km to Binh Duong New City • 40 km to Ho Chi Minh City Acquired 101 acres of total 558 acres • 6 km to VSIP • 16 km to Ho Chi Minh City • 20 km to TSN Airport • 25km t
Slide 32: FY2022 Business Strategies
FY2022 BUSINESS STRATEGIES Strengthening our Financials while Achieving Sales
Slide 33: Our Plan to Complement Our Business
OUR PLAN TO COMPLEMENT OUR BUSINESS 1. Set growth target in sales and achieve it – RM4.0 billion 2. Pare down debt 3. Reduce inventory and cautious with launches 4. Optimise land banks – Accelerate development , bring in new partners 5. Holistic real estate – Complimentary business , industrial esta
Slide 34: Sales Target in FY2022
SALES TARGET IN FY2022 MEETING THE UNDERLYING DEMAND…
Slide 35: Sales Target in FY2022
SALES TARGET IN FY2022 International, SALES 401 , 10% Local 90% Eastern, 61 , 1% International 10% Northern, 385 , 10% Sales Target RM 4.0 Southern, billion 542 , 14% Central, 2,611 , 65% The Group will strive to achieve sales target of RM4.0 billion 35
Slide 36: Summary of FY2022 Planned Launches
Summary of FY2022 Planned Launches PLANNED LAUNCHES BY REGION PLANNED LAUNCHES BY PRICE Northern, International, Above RM1 mil, RM500K - RM1 mil, RM705 mil, RM369 mil, RM1,795 mil, RM1,395 mil, 16% 9% 42% 33% Central, Southern, Planned Launches RM2,593 mil, 61% 58 % will be priced 4.25 RM582 mil, 14
Slide 37: Planned New Launches: Central Region
PLANNED NEW LAUNCHES CENTRAL REGION Bungalow Terrace & Semi-D Terrace Serviced 3 Storey Apartments Terrace SETIA ALAM SETIA ALAMAN TEMASYA GLENMARIE GDV: RM102m GDV: RM102m GDV: GDV: RM130m RM130m Bungalow Cluster &&Semi-D Semi-D Terrace Bungalow & Semi-D SETIA ALAMIMPIAN SETIA BAYUEMAS BANDAR KINRA
Slide 38: Planned New Launches: Central Region
PLANNED NEW LAUNCHES CENTRAL REGION Terrace Bungalow & Semi-D Bungalow & Semi-D SETIA SAFIRO SETIA MAYURI PRECINCT ARUNDINA GDV: RM84m GDV: RM58m GDV: RM78m Terrace Bungalow & Semi-D Terrace SETIA ALAMSARI ECOHILL ECOHILL 2 GDV: RM114m GDV: RM134m GDV: RM100m Disclaimer : These pictures are based on
Slide 39: Planned New Launches: Southern Region
PLANNED NEW LAUNCHES SOUTHERN REGION Terrace 3 Storey Terrace Terrace Bungalow & Semi-D SETIA ECO GARDENS TAMAN PELANGI INDAH SETIA TROPIKA GDV: RM53m GDV: RM25m GDV: RM52m Terrace Office Building/Factory Terrace SETIA INDAH – ECO CASCADIA TAMAN INDUSTRI JAYA TAMAN RINTING GDV: RM43m GDV: RM24m GDV:
Slide 40: Planned New Launches: Northern Region
PLANNED NEW LAUNCHES NORTHERN REGION Bungalow 3 & Semi-D Storey Terrace Terrace Commercial SETIA NORTH (ISLAND) SETIA FONTAINES SETIA FONTAINES GDV: RM48m GDV: RM210m GDV: RM27m Disclaimer : These pictures are based on artists’ impressions only. They might be different from the actual end products.
Slide 41: Planned New Launches: International
PLANNED NEW LAUNCHES INTERNATIONAL Bungalow 3 & Semi-D Storey Terrace Terrace Condominium Commercial ECO LAKES (VIETNAM) ECO SETIA LAKES FONTAINES (VIETNAM) ECO SETIA XUANFONTAINES (VIETNAM) GDV: RM103m GDV: RM125m RM210m GDV: GDV:RM141m RM27m Disclaimer : These pictures are based on artists’ impres
Slide 42: ESG Agenda
ESG AGENDA • All our developments have • Facilitated the highest • Establishment of not only stood the test of administration of COVID- Integrity and time, but also continue to 19 vaccine doses daily Governance Unit thrive and evolve with the across the nation at 6 venues needs of our communities •
Slide 43: To Be a Leading Digital Property Player
TO BE A LEADING DIGITAL PROPERTY PLAYER • Digital Connection • Human Connection “Win people psychologically” 43
Slide 44: Exploring Strategic Partnerships
EXPLORING STRATEGIC PARTNERSHIPS Setia Federal Hill • Prime 52 acres in KL • Green concept • Sustainable development 44
Slide 45: Unbilled Sales, Land Banks & GDV
UNBILLED SALES, LAND BANKS & GDV STRONG PIPELINE…
Slide 46: Unbilled Sales, Land Banks and Remaining GDV
UNBILLED SALES, LAND BANKS AND REMAINING GDV Unbilled Sales of RM10.21 billion is Supported by 7,919 acres of Remaining Land Banks and RM152.38 billion of Remaining GDV as at 31 December 2021 International, International, 508 , 6% 31.8, 21% Eastern, 53 , <1% Remaining Remaining GDV Eastern, # Land b
Slide 47: 48 Ongoing Projects
48 ONGOING PROJECTS Wide Range of Product Offerings to Support Growth Central Southern Northern 22 Setia Alam 12 Setia Eco Cascadia 6 Setia Pearl Island Setia City Setia Tropika Setia Greens Setia Ecohill Setia Indah SPICE Setia Sky Vista Setia Ecohill 2 Setia Eco Gardens Setia Sky Ville Setia Eco P
Slide 48: Awards Clinched in FY2021
AWARDS CLINCHED IN FY2021 8 Key Recognitions 13-Time 13-Time 14-Time Winner No.1 Winner Winner 10-Time FIABCI World The Edge Prix d'Excellence Winner Top Property FIABCI Malaysia Awards Developers Awards Property Awards BCI Asia Awards FIABCI World Prix d'Excellence The Edge Top Property BCI Asia Aw
Slide 49: QkA,,
66 QkA,, A livelearnworkplay Setia
Slide 50: Thank You
66 Thank YOU,, A livelearnworkplay Setia