Setia Utama, Setia Alam
Setia Utama is a freehold mixed housing estate located in Setia Alam, Shah Alam. It consists of Caffra, Conicus, Crista, Croceus, Decora, Diantha, Doshia, Edulis, Elenae, Elmeri, Eximia, Fusca, Garciae, Loreum, Montana, Plenum, Retusa, Serrata, Setia Taipan 2, Validum and Zeyheri. The built-up available at this project is 2,330 sf to 2,835 sf for houses and 4,780 sf to 6,200 sf for shop-offices. It was developed by SP Setia Bhd.
SP Setia Bhd is a huge real estate company listed on KLSE, and it has constructed around 296 real estate projects in Malaysia. Other similar projects by the same developer are 8th Avenue, Indah 24, Setia Damai, Setia Eco Cascadia, Setia Eco Gardens, Setia Gemilang, Setia Impian and Setia Wawasan.
This mixed housing estate is not very ideal for own stay or investment, because it has no amenities nearby.
The current market prices for Setia Utama are from RM820,000 to RM1,300,000 (about RM360 psf) for houses and RM1,910,000 to RM2,910,000 (about RM420 psf) for shop-offices; while the monthly rentals are from RM1,600 to RM1,700 (about RM0.73 psf) for houses and RM3,000 to RM5,000 (about RM1.82 psf) for shop-offices. The highest median price psf ever recorded was RM425 psf in Q1 2018 (House) and RM460 psf in Q1 2019 (Shop-Office); while the lowest one was RM356 psf in Q2 2017 (House) and RM383 psf in Q3 2018 (Shop-Office).
The current rental yield of Setia Utama is 1.85% for houses and 3.47% for shop-offices. The highest rental yield ever recorded was 2.54% in Q1 2017 (House) and 3.47% in Q3 2018 (Shop-Office); while the lowest one was 1.85% in Q3 2018 (House) and 2.73% in Q4 2017 (Shop-Office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Setia Utama for houses is 5-bedroom / 2,330 sf with a median price of RM360 psf. For price wise, the most expensive one is 4-bedroom / 2,708 sf with a median price of RM480 psf; while the cheapest one is 4-bedroom / 2,400 sf with a median price of RM340 psf.
Meanwhile, the most popular layout and size combination at Setia Utama for shop-offices is 4,950 sf with a median price of RM420 psf. For price wise, the most expensive one is 6,200 sf with a median price of RM470 psf; while the cheapest one is 4,780 sf with a median price of RM400 psf.
Latest Setia Utama for sale listings:
Latest Setia Utama for rent listings: