Setia Pinnacle, Sungai Ara

Setia Pinnacle is a freehold apartment located in Sungai Ara, Penang. There are 434 units available at this project with built-up from 1,095 sf to 1,515 sf. It was developed by SP Setia Bhd with a launch price at around RM456 psf, and was completed in about 2016.

SP Setia Bhd is a very big-sized real estate company listed on KLSE, and it has constructed around 344 real estate projects in Malaysia. Other similar projects by the same developer are Dwiputra Residences, Residensi Vogue 1, Setia Sky 88, Setia Sky Residences, Sky Breeze, Sky Loft, Sky Oasis Residences, Sky Peak Residences, Sky View and The Sky.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,095 sf - 1,515 sf
Market Price
RM530,000 - RM730,000
Density
434 Units
Completed In
2016
Developer
Launch Price
About RM456 psf

This apartment is not very ideal for own stay or investment, because it has no amenities nearby.

The current rental yield of Setia Pinnacle is around 2.52%, compared to 2.86% a year ago in Q1 2020. The highest rental yield ever recorded was 3.69% in Q4 2017; while the lowest one was 2.52% in Q3 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Setia Pinnacle is 3-bedroom / 1,095 sf with a median price of RM480 psf. For price wise, the most expensive one is 3-bedroom / 1,515 sf with a median price of RM480 psf; while the cheapest one is 3-bedroom / 1,314 sf with a median price of RM460 psf.

Latest Setia Pinnacle for sale listings:

DateTypeBuilt-upPrice
21 Jan 2021Condominium1,095 sfRM540,000
20 Jan 2021Condominium1,515 sfRM725,000
30 Dec 2020Condominium1,095 sfRM618,000
29 Dec 2020Condominium1,095 sfRM500,000
29 Dec 2020Condominium1,314 sfRM680,000
28 Dec 2020Condominium1,314 sfRM606,000
28 Dec 2020Condominium1,314 sfRM620,000
26 Dec 2020Condominium1,314 sfRM590,000
14 Dec 2020Condominium1,515 sfRM700,000
14 Dec 2020Condominium1,095 sfRM498,000

Latest Setia Pinnacle for rent listings:

DateTypeBuilt-upRental
9 Jan 2021Condominium1,515 sfRM1,800
24 Dec 2020Room In Apartment-NA-RM500
22 Dec 2020Condominium1,095 sfRM1,000
21 Dec 2020Condominium1,515 sfRM2,200
16 Dec 2020Condominium1,515 sfRM1,300
16 Dec 2020Condominium1,300 sfRM1,700
14 Dec 2020Room In Apartment-NA-RM550
13 Dec 2020Room In Apartment-NA-RM490
17 Nov 2020Condominium1,314 sfRM1,500
17 Nov 2020Condominium1,515 sfRM2,500
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