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. It was developed by SP Setia Bhd.
SP Setia Bhd is a huge real estate company listed on KLSE, and it has constructed around 292 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 RM1,190,000 (about RM360 psf) for houses; while the monthly rentals are from RMHouse:1600 to RMHouse:1900 (about RMHouse:0.73 psf). The highest median price psf ever recorded was RM425 psf in Q1 2018 (House); while the lowest one was RM356 psf in Q2 2017 (House).
The current rental yield of Setia Utama is 1.85% for houses. The highest rental yield ever recorded was 2.54% in Q1 2017 (House); while the lowest one was 1.85% in Q3 2018 (House). 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 5-bedroom / 2,490 sf with a median price of RM440 psf; while the cheapest one is 4-bedroom / 2,400 sf with a median price of RM340 psf.
Latest Setia Utama for sale listings:
Latest Setia Utama for rent listings: