SP Setia, Mitsui Fudosan in RM1.3b JV to Develop Premium Homes in Semenyih

KUALA LUMPUR: Property developer SP Setia Bhd has teamed up with Japan’s Mitsui Fudosan (Asia) Malaysia Sdn Bhd to jointly develop a RM1.3 billion residential project within its flagship Setia EcoHill township in Semenyih.

The joint venture company, Setia MF EcoHill Sdn Bhd, will undertake the 45.7ha freehold project comprising 683 bungalows, semi-detached and cluster homes, with phased launches starting in 2026.

SP Setia Premium Homes

SP Setia president and CEO Datuk Zaini Yusoff said the collaboration marks another milestone in its partnership with Japan’s top developer after their first venture in Setia Federal Hill last year. Mitsui Fudosan Malaysia managing director Masayoshi Saito said this marks the group’s first landed housing project in Malaysia.

Business News

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Table of Contents

Staff Writer

Recent Posts

Market News: What Investors Should Expect from Bursa Malaysia

Malaysia's stock market shows resilience, supported by strong domestic growth amid global uncertainties, analysts advise…

14 minutes ago

Malaysia Reviewing Petroleum Reserves to Strengthen Energy Security

Malaysia is reviewing its petroleum reserves to enhance energy security and address global supply uncertainties…

11 hours ago

Democrats Gain Narrow Edge Over Republicans Ahead of US Midterm Elections

A new Washington Post-Ipsos poll shows Democrats leading Republicans ahead of the 2026 US midterms,…

12 hours ago

Former Bank Analyst Jailed Over Fake Investment Adviser Claims

A former bank analyst has been sentenced to jail after falsely presenting himself as a…

18 hours ago

Budget 2027 to Be Tabled Early October With Focus on People’s Welfare

Budget 2027 will prioritize economic growth, rakyat welfare, and sustainability, addressing current challenges while ensuring…

20 hours ago

WellCall Holdings – Improved momentum

WellCall Holdings may rise if RM1.19 resistance is breached, otherwise selling pressure could increase.

1 day ago

This website uses cookies.