Sale Price *

Average

RM 685 psf

Range

RM 645 - 704 psf

Rental Price **

Average

N/A

Range

N/A

Rental Yield **

5.61%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average

RM 685 psf

Range

RM 645 - 704 psf

Rental Price **

N/A

Range

N/A

Rental Yield **

5.61%

Rental income expressed as a percentage of the property's value.

Setia City Residences @ Setia City, Setia Alam/Alam Nusantara Insights

Developer	:Bandar Setia Alam Sdn Bhd
Architect	:
Main Contractor	:
Land Size (sqm)	:
GFA (sqm)	:
Plot Ratio (Incl. Bonus)	:
Project Name	:Setia City Residences @ Setia City
Street Name	:Jalan Setia Dagang AH U13/AH, 40170, Selangor
Postal Code	:40170
Property Type	:Hotel/Service Apartment
Tenure	:
District/Planning Area	:Setia Alam/Alam Nusantara
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:780 units
Sold Price Range/Average*	:RM 645 psf - RM 704 psf / RM 685 psf
Leased Rental Range/Average**	:
Implied rental yield**	:5.61%
Historical High	:RM 589 psf in Oct 2022 for a 4,672-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 399 psf in Jun 2022 for a 1,227-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

Amenities

24-hour Security

Car Park

Jacuzzi

Sauna

Steam Bath

Swimming Pool

Fitness Centre

Concierge Service

Game Room

Reading Room

About This Project

Setia City Residences

Source: The Edge Market

Located diagonally across from Setia City Mall, Setia City Residences is a serviced apartment project offering a total of 780 units in three towers. The first two towers Towers A and B were launched in

August 2016. Tan says S P Setia plans to launch Tower C by end-March.

Some 70% of Towers A and B have been sold and are expected to be completed in June. We will launch the 260-unit

Tower C at the end of this month. Completion is scheduled for early next year, so buyers of Tower C dont have to wait long to get their units, he says.

There will be dual-key units in Tower C, which are not available in Towers A and B. The unique selling point of the project is the multi-tier swimming pools. Inspired by the natural terraced hot springs in Pamukkale, Turkey, they are divided into three terraces.

Setia City Residences has a GDV of RM350 million. The units in Tower C have built-ups of 858 to 1,221 sq ft and will come with two to three parking bays. To be priced at RM593,000 to RM790,000, they will be fully furnished.

There will be one sub-basement car park and five levels of podium car park from levels three to seven while the facility floor is on the eighth floor. The facility deck will have a variety of facilities, such as a yoga lawn, swimming pool, playground, gymnasium, Jacuzzi, tennis court, spiral skyway, oval pavilion, barbecue pit, par course and function hall.

There will also be 10 retail units on the ground floor, of which one will be a standalone building next to the apartment block. These retail units are sized from 3,822 to 6,655 sq ft. Tan says these units will be rented out first.

We will rent them out and sell them only when we get the right tenant mix. We want to make this development a wholesome place, so we are selective in terms of who we rent the shops to. The standalone retail unit will be our jewel, which is meant to be eye-catching and perfect for high-end caf dining.

He notes that S P Setia is looking to build more high-rise properties in Setia City, with the possibility of including apartments, small office home office (SoHo) and strata offices, which will represent the companys live, learn, work, play development philosophy.

We dont sell products per se; we sell the township We have never launched SoHo here, so we will look into it and there will also be more apartments. We are even looking at strata offices because we feel that, as more corporates are moving in, there will be demand for strata offices. We might have a campus for tertiary education as well, since we have primary and secondary schools.

Sales Transaction of Setia City Residences @ Setia City

Unit Search:

Price Comparison with Nearby Properties (UP to 50)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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Price Comparison with Nearby Properties

(Properties Within 1km)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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