Setia Sky Ville, Jelutong

  • Pavither
  • 28 August 2020

Setia Sky Ville will be developed across 5.3 acres of freehold land in a well-established and prime location of Jelutong. It is designed to be the new benchmark in luxurious island living. The development has 2 towers, Tower A and Tower B, and they stand at 33 storeys respectively.

Setia Sky Ville has a long list of facilities. Firstly, there are the gardens – Twin Gardens and Water Garden. The Twin Gardens provide a balance of wind and water, while the 1-acre Water Garden’s centrepiece is a naturally sustainable bio pond that is home to diverse tropical fish and aquatic life. There, you can also relax on the hammocks on Cocoon Lane.

Setia Sky Ville is one of the most anticipated developments by SP Setia in Jelutong.

For leisure activities, there’s a 2-storey clubhouse with a 50m saltwater resort-styled pool, children’s pool, bio pond, water cascades and Jacuzzi. Out of the condominium, residents can visit the Clan Jetties of Penang which is about 5km away. As for Georgetown, it is just a 3.5km drive from Setia Sky Ville.

There is also a 1.8-acre Wind Garden located on level 7, offering wide garden spaces, a 2-storey clubhouse, resort-styled swimming pool, and views of Penang Island.

As for security, residents of Setia Sky Ville will have peace of mind with:

  • Guardhouse with video surveillance monitoring / intercom
  • 24-hour CCTV surveillance in common areas
  • Card access to lift lobby from car park
  • Individual residences – Intercom system, panic buttons, magnetic contacts at the main entrance and yard door

Setia Sky Ville is one of the most anticipated developments by SP Setia in Jelutong. It is located off Lorong Slim, and a short drive from high schools such as SMJK Heng Ee High School, SMK Convent Green Lane, Penang Free School, and Han Chiang High School.

Setia Sky Ville has a gross development value (GDV) of RM470 million. S P Setia launched its Setia Sky Ville condominium, and 3-storey semi-detached houses, the Isle of Palm in its Setia Pearl Island development, both at about the same time. 

Setia Sky Ville is ideal for those seeking a contemporary lifestyle.

Address: Jelutong, Penang

Property Type: Condominium

Land Title: Residential

Total Units: 550 (phase 1), 269 (phase 2)

Tenure: Freehold

Sales Gallery: Setia Sky Ville Sales Suite, Lorong Slim, Off Jalan Free School, Jelutong, Timur Laut, Penang

Year of Completion: 2020

Built-up Area: 1,036 sq ft – 1,424 sq ft

Facilities:

Residents’ clubhouse

  • Multi-purpose hall
  • Pre-function area
  • Games room
  • Children’s playroom
  • Gym room
  • Reading room
  • Guest lounge
  • Open terrace

Water garden

  • Water cascades
  • Bio pond
  • Swimming pool
  • Children’s pool
  • Sauna
  • Jacuzzi
  • Children’s playground
  • Landscape gardens

Wind gardens (Level 7)

  • Citrus grove
  • Cocoon lane
  • Fountain terrace
  • Petunia courtyard
  • Tai-chi garden
  • Multi-purpose court
  • Basketball court
  • Community herb garden
  • Barbeque deck
  • Outdoor pavilion
  • Landscape gardens

Launch Price: From RM758,000

Maintenance Fee: RM0.28 psf

Project Details

Setia Sky Ville features a contemporary design and there will be 11 units per floor for Tower A, and 9 units per floor for Tower B. For better convenience and access, 5 lifts will service each floor. Setia Sky Ville is designed to cater to different needs, and there are several layouts to choose from. The built-ups range from 1,036 sq ft to 1,424 sq ft.

 Setia Sky Ville is designed to cater to different needs, and there are several layouts to choose from

  • Tower A – 33-storey condominium with 307 units
  • Tower B – 33-storey condominium with 243 units
  • 6 levels of multi-storey carpark and recreation area at Level 7

Prices for the units start from RM758,000 and the project is slated for completion in 2020.

Unit Types

Built-Up

Launch Price

Type A

·       1,036 sq ft

·       3 bedrooms

·       2 bathrooms

 

 

 

 

 

 

 

From RM758,000

Type A1

·       1,036 sq ft + 464 sq ft (garden & terrace)

·       3 bedrooms

·       2 bathrooms

Type B

·       1,239 sq ft

·       3 bedrooms

·       2 bathrooms

·       Balcony

Type B1

·       1,187 sq ft + 563 sq ft (garden & terrace)

·       3 bedrooms

·       2 bathrooms

Type C

·       1,424 sq ft

·       3 bedrooms

·       1 utility room

·       2 bathrooms

·       Balcony

 Setia Sky Ville is designed to cater to different needs, and there are several layouts to choose from

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Location

Setia Sky Ville has good connectivity to the town centre and nearby amenities. Within a 5km radius from the project, there are several schools in the vicinity such as SMJK Heng Ee High School, SMK Convent Green Lane, Penang Free School and the Han Chiang high school. There are also private hospitals like Lam Wah Ee hospital and Carl Corrynton Medical Centre which are just 2km away.

The development is easily accessible via major roads such as Jalan Masjid Negeri, Jalan Perak, Jalan Free School and the Jelutong Expressway.

Setia Sky Ville is easily accessible via major roads such as Jalan Masjid Negeri, Jalan Perak, Jalan Free School and the Jelutong Expressway.

Accessibility

  • Jalan Masjid Negeri
  • Jalan Perak
  • Jalan Free School
  • Jelutong Expressway
  • Penang Bridge 6km
  • Penang International Airport 7km

Education

  • SMJK Heng Ee High School 650m
  • SMK Convent Green Lane 5km
  • Han Chiang High School 5km
  • SMK Methodist Boys’ School 9km
  • Penang Free School 2km
  • SMJK Chung Ling & Chung Ling Private School 8km
  • Kolej Damansara Utama (KDU) 5km
  • Disted College 8km
  • Universiti Sains Malaysia (USM) 7km

Medical Care

  • Lam Wah Ee Hospital 2km
  • Carl Corrynton Medical Centre 3km

Shopping & Recreation

  • F&B outlets 1km
  • Batu Lanchang market 9km
  • Penang City Stadium 9km
  • Shopping malls in George Town 7km
  • Georgetown (Komtar) 8km
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Analysis

The key profile of purchasers for Setia Sky Ville is upgraders from the surrounding low and medium-cost apartments, parents from the surrounding residential areas who are looking to purchase for their children, and young professionals looking to own their first home. Whether it is F&B offerings, shopping or schools, Setia Sky Ville is ideal for those seeking a contemporary lifestyle.

Setia Sky Ville is ideal for those seeking a contemporary lifestyle.

The developer is expected to widen the surrounding roads as part of the requirement from the Penang Island City Municipal Council (MBPP). This is to ease the congestion in the area off Taman Free School. More arterial roads in the area near Jelutong will also be upgraded and widened to accommodate the project.

Here’s a quick look at residential properties in Penang.

Project

Land Tenure

Unit Type

Completion

Built-up

Approximate Launch Price

Setia Sky Ville by SP Setia

Freehold

Condominium

2020

1,036 sq ft – 1,424 sq ft

From RM758,000

Beacon Executive Suites by Aspen Group

Freehold

 

Serviced residence/ Small Office, Home Office (SOHO)

 

2019

From 980 sq ft

 

From RM686,000

 

Imperial Grande by Ideal Property Group

 

Freehold

 

Serviced Residence

 

2021

 

From 1,000 sq ft

 

From RM475,000

 

3 Residence by IJM Land

 

Freehold

 

Condominium

2022

845 sq ft –1,157 sq ft

 

From RM551,000

Grace Harmony by Nova Land Development Sdn Bhd

 

Leasehold

Apartment

 

2022

750 sq ft – 850 sq ft

From RM100,000

Artis 3 by Airmas Group

Freehold

 

Apartment

2019

700 sq ft – 1,250 sq ft

From RM200,000

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Summary

Penang shares the same traits with Singapore and Hong Kong, where they are island-based economies with a shortage of land. Coupled with sustained economic and population growths, the demand for properties will continue to be on the high side.

Setia Sky Ville is ideal for those seeking a contemporary lifestyle.

Setia Sky Ville is touted to be an address to have in the Jelutong township, as it is within a 5-km radius of premier schools and 2 private hospitals, and just a15-minute drive from George Town and the Penang Bridge.

If you are interested in a unit priced at RM760,000, the monthly repayment would be approximately RM3,305. This is based on a 30-year 90% LTV loan of RM684,000, with an interest rate of 4.1%. If you are looking to put more for the down payment, monthly sum can be calculated with the PropertyGuru Home Loan Calculator.

To know exactly how much home loan you can get from the banks and whether you can afford this property, you can use the PropertyGuru Loan Pre-Approval. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

Keep browsing Malaysia’s largest property site for more project reviews. 

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Eric Wong

Pavither

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