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 296 real estate projects in Malaysia. Other similar projects by the same developer are Dwiputra Residences, Reflections, Residensi Vogue 1, Setia Sky 88, Setia Sky Residences, Sky Garden Residences, Sky Loft, Sky Oasis Residences, Sky View and The Sky.
This apartment is not very ideal for own stay or investment, because it has no amenities nearby.
The current market prices for Setia Pinnacle are from RM550,000 to RM700,000 (about RM500 psf); while the monthly rentals are from RM1,400 to RM1,800 (about RM1.10 psf). The highest median price psf ever recorded was RM528 psf in Q2 2017; while the lowest one was RM456 psf in Q1 2014.
The current rental yield of Setia Pinnacle is around 3.53%, compared to 2.58% a year ago in Q1 2018. The highest rental yield ever recorded was 3.69% in Q4 2017; while the lowest one was 2.58% in Q1 2018. 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 RM500 psf. For price wise, the most expensive one is 3-bedroom / 1,095 sf with a median price of RM500 psf; while the cheapest one is 3-bedroom / 1,515 sf with a median price of RM460 psf.
Latest Setia Pinnacle for sale listings:
Latest Setia Pinnacle for rent listings: