Setia Sky Residences, Kampung Baru, KL City Centre
Setia Sky Residences is a freehold apartment located in Kampung Baru, KL City Centre. There are 811 units available at this project with built-up from 980 sf to 1,701 sf. It was developed by SP Setia Bhd with a launch price of around RM680 psf, and was completed about 2011.
SP Setia Bhd is a very big-sized real estate company listed on KLSE, and it has undertaken around 309 real estate projects in Malaysia. Other similar projects by the same developer are Dwiputra Residences, Reflections, Residensi Vogue 1, Setia Pinnacle, Setia Sky 88, Sky Garden Residences, Sky Loft, Sky Oasis Residences, Sky View and The Sky.
This apartment has many amenities nearby, such as universities, schools, hospitals and metro transport stations. The following are some of the major universities here:
- Erican College (KLCC Campus)
- Optopreneur College
- Premier College
- Sal College KL
- Universiti KL Business School At Bangunan Yayasan Selangor
- Universiti Sains Malaysia KL
- Universiti Teknologi Malaysia City Campus
- Yes International College (fka Yes Academy)
As for schools, there are SJK (T) Fletcher, SJK (T) Jalan Fletcher, SK Jalan Gurney 1, SMK Puteri Titiwangsa, SRA Al Khairiah Al Islamiah, Seri Titiwangsa Secondary School and Unikl Business School Yayasan Selangor Campus. There are also some hospitals here, e.g. Al Islam Specialist Hospital, Hospital Bersalin KL, Hospital KL and Specialist Hospital Al Islam.
The current market prices for Setia Sky Residences are from RM840,000 to RM1,290,000 (about RM850 psf); while the monthly rentals are from RM3,000 to RM4,000 (about RM2.84 psf). The highest median price psf ever recorded was RM1,181 psf in Q4 2016; while the lowest one was RM680 psf in Q1 2009.
The current rental yield of Setia Sky Residences is around 4.0%, compared to 4.2% a year ago in Q2 2018. The highest rental yield ever recorded was 5.68% in Q3 2013; while the lowest one was 3.36% in Q2 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Setia Sky Residences is 2-bedroom / 1,055 sf with a median price of RM850 psf. For price wise, the most expensive one is 3-bedroom / 1,378 sf with a median price of RM890 psf; while the cheapest one is 3-bedroom / 1,701 sf with a median price of RM760 psf.
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