SHAH ALAM (Aug 30): S P Setia Bhd’s new launches of double storey terraced homes in Precinct 17, Setia Alam have received 85% take-up over the weekend.
The two new launches, Opacus and Albida, offer a total of 235 units. The houses are located at the northern section of Setia Alam. Opacus has built-ups from 1,708 sq ft while Albida’s built-ups are from 1,956 sq ft. Prices start from RM578,000 for Opacus and RM638,000 for Albida.
“We are confident that the remaining units will sell out very soon as Setia Alam has matured over the past 10 years with careful planning, continuous landscaping, proper maintenance and a growing community with about 15,000 properties completed and handed over to date,” said Bandar Setia Alam general manager Tan Siow Chung in a statement yesterday.
He said prospective buyers were seen lining up outside Setia Alam Welcome Centre since last Wednesday onwards to be the first in line to own a unit of these freehold homes.
Construction for both Opacus and Albida will commence in September 2016 with targeted delivery by September 2018.
“Despite the recent market slowdown, we believe that we have the breadth of quality products coupled with the established Setia brand name as a trusted and reputable developer. We are confident that our launches will continue to deliver such great performance,” Tan added.
Earlier this year, S P Setia launched Retusa 3-storey linked semi-detached homes, which are fully sold, as well as Edulis, 3-storey terraced homes, which are already 96% sold. Both Retusa and Edulis are also located in the northern sanctuary of Setia Alam in Precinct 11.
Setia Alam is a multiple award-winning township spanning 2,525 acres in Shah Alam.
Try out one of our super tools, the rental yield calculator, here.
TOP PICKS BY EDGEPROP
Kuchai Entrepreneurs Park Shop Apartment
Kuchai Lama, Kuala Lumpur
SkyVille 8
Jalan Klang Lama (Old Klang Road), Kuala Lumpur
SkyVille 8
Jalan Klang Lama (Old Klang Road), Kuala Lumpur
PJ 51 Business Park
Petaling Jaya, Selangor
Oxford Residences @ Pavilion Embassy
Keramat, Kuala Lumpur
Kawasan Perindustrian Olak Lempit
Banting, Selangor