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 311 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.

Property Type
Mixed Housing Estate
Land Tenure
Freehold
Built-up
2,330 sf - 2,835 sf (House)
4,780 sf - 6,200 sf (Shop-Office)
Market Price
RM840,000 - RM1,190,000 (House)
RM1,980,000 - RM2,910,000 (Shop-Office)
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

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 RM840,000 to RM1,190,000 (about RM360 psf) for houses and RM1,980,000 to RM2,910,000 (about RM400 psf) for shop-offices; while the monthly rentals are from RM1,500 to RM1,800 (about RM0.77 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 Q4 2018 (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 1.93% for houses and 3.0% for shop-offices. The highest rental yield ever recorded was 2.6% in Q2 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:

House Layouts

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 5-bedroom / 2,490 sf with a median price of RM440 psf; while the cheapest one is 5-bedroom / 2,400 sf with a median price of RM350 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Setia Utama for shop-offices is 4,950 sf with a median price of RM400 psf. For price wise, the most expensive one is 6,200 sf with a median price of RM470 psf; while the cheapest one is 4,950 sf with a median price of RM400 psf.

Latest Setia Utama for sale listings:

DateTypeBuilt-upPrice
22-Aug-19Retail4,950 sfRM1,980,000
17-Aug-19Terrace900 sfRM750,000
15-Aug-19Semi-Detached3,171 sfRM1,250,000
12-Aug-19Shop-Office4,950 sfRM2,300,000
14-Jul-19Terrace2,331 sfRM777,000
14-Jul-19Terrace2,331 sfRM799,000
11-Jul-19House2,900 sfRM1,125,000
11-Jul-19Semi-Detached2,838 sfRM1,180,000
11-Jul-19Semi-Detached3,100 sfRM1,270,000
11-Jul-19Semi-Detached3,171 sfRM1,250,000

Latest Setia Utama for rent listings:

DateTypeBuilt-upRental
TodayRoom In House-NA-RM350
01-Aug-19Terrace2,900 sfRM1,700
01-Aug-19Terrace2,579 sfRM1,800
08-Jun-19Terrace2,321 sfRM2,750
08-Jun-19Terrace2,400 sfRM1,500
08-Jun-19Semi-Detached2,835 sfRM2,000
16-May-19House2,702 sfRM2,000
16-May-19House2,900 sfRM2,000
05-May-19Retail-NA-RM2,800
05-May-19Retail-NA-RM2,500

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