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Setia Greens

Changkat Sungai Ara, Sungai Ara, 11900 Penang
Condominium Terrace Bungalow Semi Detached
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Details:

Developer

Developer of Setia Greens, S P Setia Bhd
S P Setia Bhd
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Chinese ad 4621 326x150 01

Facilities

Landscaped surroundings
Jogging track
Playground
Swimming pool
Children’s pool
Gymnasium Room
Reading Room
BBQ Area
Sauna

Property Details

2016 Dec
(Year of Completion)
This project was completed 8 years ago
RM898,000 - RM1,600,000
From RM968,000
From RM1,799
Built Up
1,095 SQ. FT - 3,540 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
38
Total Units
601
Parking
Min. 2

Description

Setia Greens is a 29-acre gated and guarded residential development in Sungai Ara, Penang. Phase 1 of the project – 18 units of 3-storey semi-detached houses and 149 units of 3-storey terrace houses set in landscaped grounds with wide roads and a sizable pond – was completed in 2013.

There are 4 designs of terrace houses available, ranging from the smallest type, Dillenia, with a built-up area of 2,436 sf to the largest type, Cordia, with a built-up area of 3,212 sf. The Ehretia and Dillenia types come with 4+1 bedrooms, 4 bathrooms, smaller balconies and a master bedroom suite occupying the whole 2nd floor, while the Cassia and Cordia types have 5 bedrooms, 4 bathrooms and larger balconies, and the latter is designed with a rooftop terrace.

The Citrus 1 and 2 semi-detached houses are even more spacious, with built-up areas starting from 3,136 sf and land areas of 32’ by 78’ onwards. They feature walk-in wardrobes-cum-dressing areas and a lanai or veranda opening off every bedroom (except the guest room). The landed properties share facilities like a jogging track and playground.

Phase 2 of Setia Greens includes 3-storey bungalows, 3-storey semi-detached houses and the Setia Pinnacle, a 38-storey luxury condominium with 434 units, expected to be completed in Q4 2016. For Setia Pinnacle, three different layouts are offered – Type A with 2+1 bedrooms and 2 bathrooms, as well as Type B and Type C with 3 bedrooms and 2 bathrooms each. A wide spectrum of facilities is provided, from an infinity lap pool to a Tai Chi and yoga deck, to a 3-tier security system.

The Setia Greens development is conceptualised as a environmentally-conscious project, with features like rain water harvesting, paint with low volatile organic compounds (low-VOC), solar water heaters, water-efficient fittings and a cool-roof system implemented into the landed and high-rise units. In fact, these features led to Phase 1 and Phase 2 of Setia Greens getting a Green Building Index rating.

While Setia Greens is relatively far from Georgetown, it is an ideal living place for those working in the south or southeast of the Penang Island, as it has good connectivity to the surrounding towns via several main roads like Jalan Tun Dr Awang and Jalan Dato Ismail Hashim.

There are also host of basic lifestyle amenities nearby like clinics, retail outlets, supermarkets, public and international schools, cafes, restaurants, petrol stations and banks. It is no wonder that the units in the Setia Green are popular with both investors and buyers, and have seen a good rise in value over time.

Gated & Guarded
Security
Yes
Pet Friendly
Yes
Eco Friendly (GBI)
Sungai Ara
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Nearby Amenities:

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Setia Greens Dec 2016 RM470,000 - RM1,500,000
RM 423 psf - RM 626 psf
RM2,000 - RM2,000 NIL 3.35 %
Skycube Residence 2017 RM550,000 - RM2,000,000
RM 370 psf - RM 724 psf
RM1,000 - RM1,000 NIL 1.51 %
Sierra Residences 2015 RM410,000 - RM580,000
RM 395 psf - RM 577 psf
RM950 - RM950 NIL 3.33 %
Idaman Iris 2013 RM350,000 - RM480,000
RM 411 psf - RM 564 psf
RM950 - RM950 NIL 3.4 %
Zan Pavillon Dec 2011 RM300,000 - RM1,100,000
RM 301 psf - RM 542 psf
RM2,000 - RM2,000 NIL 3.52 %
Oasis Residences Dec 2011 RM1,280,000 - RM1,380,000
RM 374 psf - RM 404 psf
From RM3,000 NIL NIL
Idaman Lavender June 2011 RM310,000 - RM395,000
RM 413 psf - RM 526 psf
RM800 - RM800 NIL 3.65 %

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT RM 560 psf RM 485,000 psf RM 714 psf
1,000 - 1,500 SQ. FT RM 471 psf RM 565,000 psf -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - RM 1,141,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 406 psf
Non Landed Properties
RM 61,884 psf
Landed Properties
RM 658 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 89,800
Loan Amount ( 90 %) RM 808,200
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (1,095 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.

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