Setia Pinnacle, Sungai Ara

Setia Pinnacle is a freehold condominium located in Sungai Ara, Penang Island. 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 358 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
Condominium
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 condominium is not very ideal for own stay or investment, because it has no amenities nearby.

The current rental yield of Setia Pinnacle is around 3.4%, compared to 2.93% a year ago in Q4 2020. The highest rental yield ever recorded was 3.69% in Q4 2017; while the lowest one was 2.52% in Q2 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) 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
9 Dec 2021Condominium1,314 sfRM618,000
16 Dec 2021Condominium1,314 sfRM780,000
16 Dec 2021Condominium1,314 sfRM590,000
16 Dec 2021Condominium1,515 sfRM730,000
7 Dec 2021Condominium1,095 sfRM530,000
3 Dec 2021Condominium1,515 sfRM720,000
3 Dec 2021Condominium1,314 sfRM590,000
2 Dec 2021Condominium1,095 sfRM530,000
2 Dec 2021Condominium1,515 sfRM710,000
30 Nov 2021Condominium1,095 sfRM538,000

Latest Setia Pinnacle for rent listings:

DateTypeBuilt-upRental
TodaySingle Room-NA-RM430
TodayCondominium1,095 sfRM1,200
6 Jan 2022Single Room-NA-RM350
3 Jan 2022Condominium1,095 sfRM1,200
2 Jan 2022Condominium1,095 sfRM1,300
1 Jan 2022Condominium1,095 sfRM1,000
31 Dec 2021Master Room-NA-RM500
31 Dec 2021Medium Room-NA-RM300
31 Dec 2021Single Room-NA-RM450
15 Dec 2021Room-NA-RM250
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