Setia Avenue, Setia Alam

Setia Avenue is a freehold shop-office development that is located in Setia Alam, Shah Alam. The built-up available at this property is 2,500 sf to 2,720 sf for offices and 2,720 sf to 10,000 sf for shop-offices. It was developed by SP Setia Bhd.

SP Setia Bhd is a very big property developer listed on Bursa Malaysia, and it has developed about 368 property projects in Malaysia. Other similar projects by the same developer are Eramas, Impian Prisma, Indah 15, Indah 16, Indah Walk, Indah Walk 2, Livistonia Square, Setia Taipan, Setia Taipan 2 and Wisma SP Setia.

Property Type
Shop-Office
Land Tenure
Freehold
Built-up
2,500 sf - 2,720 sf (Office)
2,720 sf - 10,000 sf (Shop-Office)
Market Price
RM900,000 - RM980,000 (Office)
RM1,390,000 - RM4,660,000 (Shop-Office)
Total Units
-NA-
Completion Date
-NA-
Developer
Launch Price
-NA-

The only amenities nearby this shop-office development are some schools. Few of the schools here include SJK (T) Ladang North Hummock Setia Alam and Yabunayya Playschool.

The current rental yield of Setia Avenue is 3.43% for offices. The highest rental yield ever recorded was 4.04% in Q3 2020 (office); while the lowest one was 2.4% in Q3 2018 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Office Layouts

The most popular layout and size (built-up) combination at Setia Avenue for offices is 2,720 sf with a median price of RM360 psf. For price wise, the most expensive one is 2,720 sf with a median price of RM360 psf; while the cheapest one is 2,500 sf with a median price of RM360 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at setia avenue for shop-offices is 9,911 sf with a median price of rm470 psf. For price wise, the most expensive one is 2,720 sf with a median price of RM510 psf; while the cheapest one is 10,000 sf with a median price of RM450 psf.

Latest Setia Avenue sale listings:

DateProperty TypeBuilt-upPrice
2 Jan 2024Shop-Office20,046 sfRM8,600,000
2 Jan 2024Shop-Office10,523 sfRM4,300,000
1 Jan 2024Shop-Office7,311 sfRM3,800,000
19 Dec 2023Shop-Office10,000 sfRM4,250,000
4 Dec 2023Shop-Office5,100 sfRM2,050,000
1 Dec 2023Retail10,880 sfRM4,550,000
1 Dec 2023Retail2,520 sfRM920,000
1 Dec 2023Retail2,500 sfRM950,000
30 Nov 2023Shop-Office2,518 sfRM1,000,000
27 Nov 2023Shop-Office9,730 sfRM4,500,000

Latest Setia Avenue rental listings:

DateProperty TypeBuilt-upRental
2 Jan 2024Shop-Office10,523 sfRM18,000
1 Dec 2023Retail2,500 sfRM6,000
8 Nov 2023Shop-Office2,514 sfRM5,000
11 Sep 2023Shop-Office9,911 sfRM18,000
20 Aug 2023Shop-Office10,523 sfRM18,000
22 Jun 2023Shop-Office2,146 sfRM7,000
21 Jun 2023Shop-Office2,514 sfRM5,000
6 Jun 2023Office2,500 sfRM3,500
6 Jun 2023Shop-Office2,200 sfRM4,500
25 May 2023Office2,500 sfRM3,500
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