Setia Pearl Island, Sungai Ara

Setia Pearl Island (also known as Setia Pulau Mutiara) is a freehold town that is located in Sungai Ara, Penang Island. 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 2,100 sf to 6,577 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 362 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
Land Tenure
2,100 sf - 6,577 sf (House)
Market Price
RM880,000 - RM3,030,000 (House)
Total Units
Completion Date
Launch Price

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

As for hospitals, there are Pearl Maternity Hospital and St John Trendy Hospital.

The current rental yield of Setia Pearl Island is 1.8% for houses. The highest rental yield ever recorded was 2.73% in Q4 2013 (house); while the lowest one was 1.49% in Q2 2021 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Setia Pearl Island for houses is 5-bedroom / 2,400 sf with a median price of RM540 psf. For price wise, the most expensive one is 6-bedroom / 3,450 sf with a median price of RM640 psf; while the cheapest one is 4-bedroom / 2,100 sf with a median price of RM420 psf.

Latest Setia Pearl Island sale listings:

DateProperty TypeBuilt-upPrice
24 Aug 2022Condominium1,260 sfRM649,997
30 Mar 2022Shop-Office1,244 sfRM900,000
4 Jan 2022Semi-Detached3,318 sfRM1,950,000
14 Jan 2022Condominium1,295 sfRM550,000
14 Jan 2022Condominium1,300 sfRM560,000
13 Jan 2022Condominium1,621 sfRM830,000
10 Jan 2022Condominium1,621 sfRM830,000
5 Jan 2022Condominium1,260 sfRM650,000
28 Dec 2021Condominium1,250 sfRM599,000
27 Dec 2021Condominium1,436 sfRM700,000

Latest Setia Pearl Island rental listings:

DateProperty TypeBuilt-upRental
14 Mar 2023Office1,354 sfRM3,300
12 Mar 2023Retail1,343 sfRM3,000
2 Oct 2022Condominium1,300 sfRM2,850
22 Jan 2022Condominium1,260 sfRM1,450
22 Jan 2022Condominium1,400 sfRM1,400
22 Jan 2022Condominium1,300 sfRM1,300
21 Jan 2022Condominium1,270 sfRM1,500
21 Jan 2022Condominium1,300 sfRM1,500
17 Jan 2022Condominium1,512 sfRM2,200
16 Jan 2022Condominium1,436 sfRM1,600
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