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.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,095 sf - 1,515 sf
Market Price
RM600,000 - RM770,000
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 3.56%, 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:

DateTypeBuilt-upPrice
18 Jan 2022Condominium1,515 sfRM760,000
18 Jan 2022Condominium1,094 sfRM530,000
14 Jan 2022Condominium1,095 sfRM560,000
12 Jan 2022Condominium1,095 sfRM560,000
12 Jan 2022Condominium1,314 sfRM620,000
12 Jan 2022Condominium1,314 sfRM590,000
12 Jan 2022Condominium1,314 sfRM650,000
12 Jan 2022Condominium1,314 sfRM620,000
5 Jan 2022Condominium1,314 sfRM650,000
2 Jan 2022Condominium1,095 sfRM560,000

Latest Setia Pinnacle rental listings:

DateTypeBuilt-upRental
14 Feb 2022Single Room-NA-RM450
14 Feb 2022Medium Room-NA-RM500
12 Feb 2022Single Room-NA-RM450
12 Feb 2022Medium Room-NA-RM500
23 Jan 2022Condominium1,515 sfRM1,500
19 Jan 2022Single Room-NA-RM450
17 Jan 2022Condominium1,314 sfRM1,500
15 Jan 2022Condominium1,314 sfRM1,750
14 Jan 2022Condominium1,314 sfRM1,750
12 Jan 2022Condominium1,319 sfRM1,200
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