S P Setia Bhd. · MYX:SPSETIA
S P Setia Bhd — Invest Malaysia 2011
32 slides from S P Setia Bhd's conference presentation, Apr 13, 2011
Slide 1: Invest Malaysia 2011
Invest Malaysia 2011 Kuala Lumpur Tan Sri Liew Kee Sin President & Chief Executive Officer 13 April 2011 1
Slide 2: Life-Span of Existing Projects as at 31 Oct 2010
Life-Span of Existing Projects as at 31 Oct 2010 REMAINING REMAINING GDV FY2010 AS AT ACREAGE OF OF ACTIVE SALES 31 OCT '10 ACTIVE PROJECTS (RM m) PROJECTS (RM m) Central Region 1,390 1,536 11,364 Southern Region 981 607 6,170 Northern Region 60 171 1,135 TOTAL 2,431 2,314 18,669 RM18.7m remaining G
Slide 3: FY2011 Sales as at 31 Mac '11
FY2011 Sales as at 31 Mac ‘11 Launched Sales Value Sold Units Central Region Units (RM m) Setia Alam 947 714 369 Setia Eco Park 116 84 216 Setia Sky Residences 225 60 68 Setia Walk 0 155 60 Sub-total Central Region 1,288 1,013 713 Southern Region Bukit Indah 317 259 137 Setia Indah 102 99 41 Setia T
Slide 4: Progress Billings Status
Progress Billings Status Project Location Sales Progress Future Effective (All figures in RM m) Secured^ Billings Progress Stake Central Region @ 31.3.2011 @ 31.10.2010 Billings Setia Alam 100% 2,880 1,991 889 Setia Walk 100% 686 334 352 Setia Sky Residences 70% 268 51 217 Putrajaya 60% 1,004 981 23
Slide 5: Strategy 1: Growth through Value Creation
Strategy 1: Growth through Value Creation Price (RM) 700,000 RM618,000 600,000 500,000 400,000 300,000 200,000 20'x70' Double-Storey Terrace House 100,000 0 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 Setia Alam today & Price Appreciation track record How do we generate further value in a successful tow
Slide 6: Enhance Product Range: Duta Villas @ Setia Alam
Enhance Product Range: Duta Villas @ Setia Alam Luxury Villas in a Gated & Guarded Enclave Total Units: 123 units Soft Launched: March 2011 Price Range: RM1.6m to RM2.7m Take-up: More than 60% 6 6
Slide 7: Introducing New Lifestyle Concepts in Johor Bahru
Introducing New Lifestyle Concepts in Johor Bahru The Resort @ Fenix Villas, Setia Tropika Artist Impression 7
Slide 8: Introducing New Lifestyle Concepts in Johor Bahru
Introducing New Lifestyle Concepts in Johor Bahru Semi-D: from RM1.5 million Bungalows: from RM2.4 million Artist Impressions 8
Slide 9: Moving up the Value-Chain in Penang
Moving up the Value-Chain in Penang Setia V Residences @ Gurney GDV: RM170.0 million RM2.5 million per unit 11 Brook Residences GDV: RM60 million RM5.8 million per unit 9
Slide 10: Strategy 2: Growth through Acquisitions to Deepen Share of Core Markets
Strategy 2: Growth through Acquisitions to Deepen Share of Core Markets TOTAL GDV RECENT ACQUISITIONS IN CORE ACREAGE @ 31 MAC '11 MARKETS (RM m) Central Region 268 3,000 Southern Region 521 2,500 Sub-Total 789 5,500 Existing Projects in Core Markets 2,431 17,452 Total - Core Markets 3,220 22,952 Ne
Slide 11: Transplanting the Award-Winning Setia Eco Park DNA to Cyberjaya
Transplanting the Award-Winning Setia Eco Park DNA to Capture New Cyberjaya Growth Corridor Winner - Best Low-Rise Development Winner - Master Plan Award Development Award 11 FIABCI Malaysia 2010 FIABCI Prix d’Excellence 2007
Slide 12: Setia Eco Glades: Taking our Eco Brand to Greater Heights
Setia Eco Glades: An opportunity to take our “Eco” Brand to Greater Heights Setia Eco Glades - More than 500 companies inc. global MNCs - Only 20 mins from KL City Centre via Maju Expressway - Land size: 268 acres - Est GDV: RM3 billion 12
Slide 13: Increasing Dominance in Johor Market
Increasing Dominance in Johor Market Setia Biz Setia Eco Park II Cascadia 13
Slide 14: Setia Eco Cascadia: Capturing Upgraders from Setia Indah
Setia Eco Cascadia: Capturing Upgraders from our Matured Setia Indah project 14 Artist Impressions
Slide 15: Setia Biz-Park II, Tebrau: Tapping Commercial Market Growth
Setia Biz-Park II, Tebrau: Tapping into Growth in Commercial Market spurred by Iskandar Success Semi-detached unit 15 Artist Impressions Detached unit
Slide 16: Strategy 3: Penetrating New Markets in Malaysia
Strategy 3: Penetrating New Markets in Malaysia VENTURING BEYOND TOTAL GDV ACREAGE CORE COMPETENCIES (RM m) KL EcoCity 24 6,000 Setia City, Setia Alam 125 10,000 Aeropod 42 1,500 MOH Bangsar Land 40 To be determined Sub-total (New markets) 231 17,500 Sub-total Core markets 3,220 22,952 TOTAL 3,451 4
Slide 17: KL EcoCity: Transformative Project for Next Growth Phase
KL EcoCity: Transformative Project to Springboard us onto the Next Growth Phase 17
Slide 18: KL EcoCity: Strata & Boutique Offices Fully Taken-up
KL EcoCity: Strata & Boutique Offices Fully Taken-up before Official Launch 18
Slide 19: KL EcoCity: Placement Funds Secured for Corporate Tower & Retail Block
KL EcoCity: Placement Funds Secured to Invest in Corporate Tower & Retail Block – Expedite Value Realisation Retail Entrance Sandwiched in between two Boutique Offices Corporate Tower 2 19
Slide 20: Setia City: A Fully-integrated Green Commercial City
Setia City: A fully-integrated Green Commercial City – Organic Growth through Township Development Environment Business Community 20
Slide 21: Increasing Work & Play Elements to Expedite Realisation of Development Values
Increasing Work & Play Elements to Expedite Realisation of Development Values SETIA CITY SOHO National Institute of SETIA CITY Health CONVENTION CENTRE CENTRAL PARK 21
Slide 22: Leveraging Township Success to Secure Prime Bangsar Land
Leveraging Township Success & Landbank Size to Secure Prime Bangsar Land for Future Development Setia Alam MOH Land 55.33 acres 40.22 acres Land Swap Deal + New 1NIH Complex 22
Slide 23: Aeropod: Gateway to East Malaysia
Aeropod: Gateway to East Malaysia to Broaden Geographical Reach 23
Slide 24: Strategy 4: Sowing Seeds for Future Growth
Strategy 4: Sowing Seeds for Future Growth TOTAL GDV International Expansion ACREAGE (RM m) Fulton Lane, Melbourne 1 1,390 Vietnam Projects 543 3,180 Sub-total International 544 4,570 Sub-total Malaysia 3,451 40,452 TOTAL 3,995 45,022 Total GDV of Malaysian (before MOH Bangsar) & International proje
Slide 25: Fulton Lane: Entry to Lucrative Melbourne Market
Fulton Lane: Entry to Lucrative Melbourne Market with Strong Malaysian Customer Support Ideal CBD location & within walking distance to premier tertiary institutions 25
Slide 26: Fulton Lane, Melbourne: Opened for Registration
Fulton Lane, Melbourne: Opened for Registration Est. GDV = AUD$450m (RM1.4bn) 26 Est. Number of Units = 850
Slide 27: EcoXuan, Lai Thieu: Measured Expansion into Vietnam
EcoXuan, Lai Thieu: Measured Expansion into Vietnam Maiden Launch 1H FY2011 Macro conditions, undeveloped Row Houses, Semi-Ds & Villas from mortgage market limits current pace US$77k to US$338k per unit growth in Vietnam (or US$46 to US$65 per square feet) Still good demand for affordable units in c
Slide 28: EcoLakes, My Phuoc: Maintaining Visibility
EcoLakes, My Phuoc: Maintaining Visibility Maintaining presence, enhancing project awareness & preparing ground-work for more significant launches once conditions improve First handover of 251 row houses held on 18 December 2010 Second handover of 58 units of Semi- Ds & Villas expected in 2H FY2011
Slide 29: Group Landbank
Landbank (acres) Land Cost Branding Total Undeveloped per sq ft Strategies Setia Alam 2,290 882 RM3.49 Setia Setia Eco Park 798 354 RM8.00 Eco Putrajaya - P15 275 135 Setia Setia Sky Residences 6 3 RM300 Residences Setia City 158 125 RM3.49 Commercial Setia Ngle 5 5 RM50.00 Commercial Group Landbank
Slide 30: The Best is Yet to Come!
The Best is Yet to Come! 300 3rd Transformative 1st Transformative Stage 2nd Transformative Stage Stage 250 DEVELOPMENTS IN JOHOR GDV: Existing PAT (RM in million) 200 Bukit Indah, Setia Indah & Setia Tropika Projects = RM18.67b 150 GDV: New Projects = RM26.35b RE‐ENTERING KLANG VALLEY CAPACITY TO 1
Slide 31: Conclusion
Conclusion The Malaysian Property Sector is entering a Golden Era The ETP will further drive property demand S P Setia is well-placed to benefit from the demographic dividends & projected growth in income levels Target total Group sales of RM3.0 billion for FY2011 - YTD Sales = RM1.2 billion
Slide 32: Thank You
Builder of Distinction Setia livelearnworkplay SP SETIA BHD GROUP Thank You @