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 D'Cassia, D'Cerrum, Dwiputra Residences, Reflections, Residensi Vogue 1, Setia Sky Residences, Sky Oasis Residences, Sky View, Tamara and The Sky.
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 3.56%, compared to 2.81% a year ago in Q1 2022. 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 RM550 psf. For price wise, the most expensive one is 3-bedroom / 1,095 sf with a median price of RM550 psf; while the cheapest one is 3-bedroom / 1,314 sf with a median price of RM510 psf.
Latest Setia Pinnacle sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 18 Jan 2022 | Condominium | 1,515 sf | RM760,000 |
| 18 Jan 2022 | Condominium | 1,094 sf | RM530,000 |
| 14 Jan 2022 | Condominium | 1,095 sf | RM560,000 |
| 12 Jan 2022 | Condominium | 1,095 sf | RM560,000 |
| 12 Jan 2022 | Condominium | 1,314 sf | RM620,000 |
| 12 Jan 2022 | Condominium | 1,314 sf | RM590,000 |
| 12 Jan 2022 | Condominium | 1,314 sf | RM650,000 |
| 12 Jan 2022 | Condominium | 1,314 sf | RM620,000 |
| 5 Jan 2022 | Condominium | 1,314 sf | RM650,000 |
| 2 Jan 2022 | Condominium | 1,095 sf | RM560,000 |
Latest Setia Pinnacle rental listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 14 Feb 2022 | Single Room | -NA- | RM450 |
| 14 Feb 2022 | Medium Room | -NA- | RM500 |
| 12 Feb 2022 | Single Room | -NA- | RM450 |
| 12 Feb 2022 | Medium Room | -NA- | RM500 |
| 23 Jan 2022 | Condominium | 1,515 sf | RM1,500 |
| 19 Jan 2022 | Single Room | -NA- | RM450 |
| 17 Jan 2022 | Condominium | 1,314 sf | RM1,500 |
| 15 Jan 2022 | Condominium | 1,314 sf | RM1,750 |
| 14 Jan 2022 | Condominium | 1,314 sf | RM1,750 |
| 12 Jan 2022 | Condominium | 1,319 sf | RM1,200 |