Pantai Hillpark is located near the residential enclaves of Bangsar South and Bukit Pantai. This hilltop residence is considered as one of the great successes of property development in the Klang Valley.
Continue Reading ⋅ 19 February 2022
Setia Sky Seputeh is a new and upcoming project development of SP Setia in the centrally located township of Seputeh. Sited on freehold land, Setia Sky Seputeh is going to be a luxury condominium of residential title that offers a total of only 290 homes housed within two blocks of 37 storeys. The units offered here are designed to be large and spacious, with choices of homes sized between 2,368 sq ft and 2,885 sq ft. The expected date of completion is set for December 2020, and the launch price starts from RM3,439,650.
Address: Taman Seputeh, 58000 Seputeh, Kuala Lumpur, Wilayah Persekutuan
Property Type: Condominium
Land Title: Residential
No of Storeys: 37
No of Blocks: 2
Total Units: 290
No of Lifts per floor: 8
Tenure: Freehold
Sales Gallery: Setia International Centre Lot 215, Pantai Baru, Jalan Bangsar, 59200 Kuala Lumpur
Site GPS Coordinates: 3.120737, 101.681539
Expected Date of Completion: Dec 2020
Built-up area: 2,368 sq ft – 2,885 sq ft
Facilities:
Level 7
- Surau
- Laundrette
- Lift Lobby
- Dancing Room
- Music Room
- Games Room
- Children’s Playroom
- Shipwreck Themed Playground
- Trampoline Garden
- Music Pods
- Crescent Sand Beach
- Wavy Coconut Grove
- Tropical Oasis
- Paradise Island
- Breeze Sunken Lounges
- Cocktail Bar
- Decks
- Fitness Gymboree
- Virtual Golf
- Changing Room
- Toilet
- Cabana Lounge
- Moonlight Jacuzzi
- Swimming Pool
- BBQ Pit
- Meditation Garden
- Business Centre
- Kitchen Garden
- Multipurpose Hall
- Outdoor Yoga Deck
Level 37 Block A Sky Roof Facilities
- Reflection Pool
- Gourmet Dining
- Sauna
- Male & Female Hot & Cold SPA
- Deck
- Study Room
- Reading Room
- Yoga Room
- Sky Gym
Level 37 Block B Sky Roof Facilities
- Heated Aqua Gym
- Reflection Pool
- Gourmet Dining
- Study Room
- Reading Room
- Tea Lounge
- Sky Lounge
- AV Room
Launch Price: RM3,439,650 – RM4,141,150
Price psf: From RM1,260 per sq ft
Maintenance Fee psf: RM0.55 per sq ft
Parking Bay/s per Unit: 3 – 4
Project Details
A not so modest project of quality and luxury, Setia Sky Seputeh will take up 4.4 acres of land and has a gross development value (GDV) of RM950 million. Its residential title and freehold land status already commands a premium price, and its low density of only 290 units spread out over two blocks of 37 storeys with about only 4 units to a floor and 8 lifts to a block is the final indicator that Setia Sky Seputeh is not for the typical home buyer.
The unit types of Setia Sky Seputeh are released gradually upon launch of the development, hence at the time of writing in June 2018 there were only 3 unit types available that ranged between 2,368 sq ft and 2,885 sq ft. Type B is the smallest at 2,379 sq ft, with 3 bedrooms and 4 bathrooms. Type C comes second in size at the time of writing at 2,680 sq ft, 4 bedrooms and 5 bathrooms, and Type D the largest at 2,863 sq ft shares the same number of bedrooms and bathrooms as Type C. The launch prices of these homes range between RM3,439,650 and RM4,141,150.
|
Type |
Launch Price |
Built-Up |
No. of Rooms |
|
B |
RM3,439,650 – RM3,660,450 |
2,379 sq ft |
3R, 4B |
|
C |
RM3,782,350 – RM3,967,500 |
2,680 sq ft |
4R, 5B |
|
D |
RM4,000,850 – RM4,141,150 |
2,863 sq ft |
4R, 5B |
All the homes at Setia Sky Seputeh will come partially furnished. The kitchen will be fully fitted with built-in cabinets, complemented by electrical appliances. The expected date of completion for Setia Sky Seputeh is set for December 2020.
Location
Setia Sky Seputeh is a strategically located development in the central township of Seputeh. It is almost just across the road from the affluent Bangsar South, and is located within minutes of Bangsar and Pantai. Its location is also as such that it is located just next to MidValley Megamall, a bustling hub of activities and amenities.
Thanks to its great location, residents of Setia Sky Seputeh will enjoy some of the best accessibility in the capital city of Kuala Lumpur. The development will be surrounded by highways, including the Federal Highway, the KL-Seremban Highway, New Pantai Expressway (NPE) and the SPRINT Highway.
With their easy access to these few highways, motorists will be able to get to Bandar Utama in only 15 minutes, Bandar Sunway in 20 minutes, and the Kuala Lumpur City Centre is only 5 minutes away in clear traffic. Next door neighbourhoods also prove to be very near and are almost within walking distance. Bangsar is only 1.5 kilometres away, and KL Eco City 4 kilometres. Mid Valley which is only a kilometre from Setia Sky Seputeh is connected to the development via a pedestrian link bridge of approximately 500 metres.
Other nearby shopping malls that residents of Setia Sky Seputeh may enjoy is the expat-oriented Bangsar Shopping Complex and Bangsar Village, or perhaps even Scott Garden on Old Klang Road which is popular for its bars and pubs at night. The Pantai Medical Centre is minutes away in Bangsar, and the University Malaya Specialist Centre is only down the Federal Highway at an approximate 10 minutes drive.
For public transportation, residents of Setia Sky Seputeh need only travel to KL Sentral only 3 kilometres down the road. From this public transport hub, they will be able to take a train to almost any part of the Klang Valley, or even to other states through the KTM interstate train.
Analysis
As can be seen below, Setia Sky Seputeh sits in a class by itself in terms of density and price range.
|
Name |
Land Tenure |
No. of Blocks |
No. of Units |
Selling Price |
|
Setia Sky Seputeh |
Freehold |
2 |
290 |
From RM3,439,650 |
|
Avara, Seputeh |
Freehold |
2 |
366 |
From RM650,000 |
|
Nine Seputeh |
Leasehold |
2 |
412 |
Between RM729,000 to RM2,700,900 |
Summary
Although confidence in the property market is low, the developers of Setia Sky Seputeh, SP Setia, still remains confident of their product. As expected, the typical home buyer finds the prices of this development to be outrageous, and it is said that this development is targeted towards foreign investors.
