KUALA LUMPUR (Aug 6): S P Setia Bhd (KL:SPSETIA) has officially launched the third phase of the Ferrous series of its Setia Alam Impian township development located in Shah Alam last Saturday (Aug 3).

Dubbed Ferrous 3, it consists of 101 freehold units of two-storey terraced homes situated in Setia Alam Impian's Industrial Arts precinct. The homes have built-ups ranging from 1,950 to 2,204 sq ft and are priced from RM915,000 to RM1.42 million. The project is slated for completion in August 2026.

In a press statement issued on Tuesday, S P Setia divisional general manager Razly Mohammad Rus said Ferrous 3 has garnered nearly 300 registered interest with a few units already taken up since the launch last weekend.

“For Ferrous 3, we are targeting young professionals, couples and families and primarily owner-occupiers from the catchment areas of Shah Alam, and other parts of Klang Valley. We are confident that the penultimate Ferrous 3 will perform well as its previous phases and will aim for the final phase of the Ferrous series, Ferrous 4, to launch next year," he added.

Ferrous 3 units will have smart green features, such as smart locks, green switches, solar photovoltaic systems. The interior will feature an open design layout which allows for customisations. Facilities include a linear park, basketball court, playground as well as other facilities in the Setia Alam Impian township.

The first phase of the Ferrous series, which was launched in March 2023, is 100% taken-up while Ferrous 2, which was launched in November 2023, is 60% taken-up to-date.