Setia Pearl Island, Sungai Ara

Setia Pearl Island (also known as Setia Pulau Mutiara) is a freehold town located in Sungai Ara, Penang. It is an exclusive township development with the concept of a tropical island of dreams with beautiful homes and well-designed landscapes. The development occupies the site of what used to be the Pearl Island Country Club. It is a safe and serene neighbourhood which is meant for families to live in.

The built-up available in this town is 2,400 sf to 2,740 sf for houses. It was developed by SP Setia Bhd.

SP Setia Bhd is a very big-sized real estate company listed on KLSE, and it has constructed around 363 real estate projects in Malaysia. Other similar projects by the same developer are Bukit Indah, Setia Alam, Setia Alamsari, Setia City, Setia Eco Glades, Setia Eco Park, Setia Ecohill, Setia Indah and Setia Tropika.

Property Type
Town
Land Tenure
Freehold
Built-up
2,400 sf - 2,740 sf (House)
Market Price
RM980,000 - RM1,290,000 (House)
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

This town has some amenities nearby, for example schools and hospitals. The following are some main schools here:

The current rental yield of Setia Pearl Island is 1.67% for houses. The highest rental yield ever recorded was 2.73% in Q4 2013 (House); while the lowest one was 1.67% in Q1 2021 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size combination at Setia Pearl Island for houses is 5-bedroom / 2,400 sf with a median price of RM410 psf. For price wise, the most expensive one is 5-bedroom / 2,740 sf with a median price of RM470 psf; while the cheapest one is 5-bedroom / 2,400 sf with a median price of RM410 psf.

Latest Setia Pearl Island for sale listings:

DateTypeBuilt-upPrice
13 Apr 2021Condominium1,300 sfRM508,000
13 Apr 2021Condominium1,305 sfRM620,000
12 Apr 2021Condominium1,353 sfRM525,000
11 Apr 2021Condominium1,260 sfRM620,000
8 Apr 2021Condominium1,260 sfRM620,000
8 Apr 2021Condominium1,436 sfRM590,000
7 Apr 2021Condominium1,300 sfRM500,000
6 Apr 2021Condominium1,304 sfRM510,000
4 Apr 2021Condominium1,436 sfRM590,000
3 Apr 2021Condominium1,436 sfRM599,000

Latest Setia Pearl Island for rent listings:

DateTypeBuilt-upRental
10 Apr 2021Condominium1,260 sfRM2,500
9 Apr 2021Condominium1,512 sfRM1,600
9 Apr 2021Condominium1,450 sfRM1,500
7 Apr 2021Condominium1,300 sfRM1,450
7 Apr 2021Low-Cost Flat1,260 sfRM1,400
3 Apr 2021Condominium1,738 sfRM2,100
3 Apr 2021Condominium1,436 sfRM1,200
3 Apr 2021Condominium1,800 sfRM1,600
30 Mar 2021Room In House-NA-RM350
30 Mar 2021Condominium1,738 sfRM2,100
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