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Setia Sky Cubes in Teluk Kumbar, Penang is a luxury development by an award-winning property developer in Malaysia, it was previously known as The Qbees. The freehold opulent condominium comes with a uniquely designed single block, 23-storey high tower. The 98 units of low-density development consists of a build-up of units ranging between 1,000 sf and 1,400 sf on a 1.2 hectare land.
Within the established township of Teluk Kumbar in Penang, each unit at Setia Sky Cubes is estimated with a selling price of around RM500,000 and above. Equipped with a three-tier security system to ensure a secure and guarded living environment, Setia Sky Cubes offers 24-hour security with 24/7 CCTV surveillance as some of the safety measures provided for its discerning residents.
Some excellent facilities listed at Setia Sky Cubes are; an infinity lap pool, jogging track, gymnasium, sauna, children’s pool, games room, water slides, children’s play area, multi-function hall, BBQ area, sky pavilion, landscaped lawn, as well as Tai Chi and yoga decks are also readily available in this exceptional residence.
Setia Sky Cubes is centrally located with an abundance of convenient amenities nearby; Queensbay Mall, Giant Hypermarket and D’Piazza Mall, as well as numerous schools such as; Sungai Ara Primary School, Chong Cheng Primary School, Fairview International School, Seri Relau National School and Min Sin Primary School.
Families would be fully delighted with the various recreational options such as the Bukit Jambul Country Club, Penang International Sports Arena, Metropolitan Public Park and Sunshine Square.
Although with a slightly smaller build-up in comparison to other nearing developments, Setia Sky Cubes standouts due to its inspiring layout as well as its highly acclaimed developer, who is responsible for many other luxurious developments. And lastly, the essential central location is a definite plus as it is located quite closely to the Penang International Airport and Second Penang Bridge.
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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 Sky Cubes | 2015 | NIL | NIL | NIL | NIL |
Platinum III | Mar 2016 |
RM490,000
-
RM670,000
RM 371 psf - RM 503 psf |
RM1,000 - RM1,000 | NIL | 2.48 % |
Teluk Kumbar Heights | Mar 2016 |
RM599,000
-
RM1,500,000
RM 350 psf - RM 750 psf |
RM1,200 - RM1,200 | NIL | 1.37 % |
D'Zone Condominium | June 2015 |
RM560,000
-
RM660,000
RM 373 psf - RM 440 psf |
RM1,150 - RM1,150 | NIL | 1.96 % |
Mont Tierra Residences | Oct 2014 |
RM1,080,000
-
RM1,150,000
RM 366 psf - RM 383 psf |
From RM2,000 | NIL | NIL |
Pavilion Resort | 2014 |
RM374,000
-
RM920,000
RM 199 psf - RM 525 psf |
RM1,300 - RM1,300 | NIL | 2.92 % |
Tree Residency | 2013 |
RM1,380,000
-
RM2,400,000
RM 579 psf - RM 964 psf |
From RM1,800 | NIL | NIL |
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 | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 50,000 |
Loan Amount ( 90 %) | RM 450,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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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