5 Houses for Sale at Taman Sri Setia
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Located at Lintah Lembah Permai 1, Tanjung Bungah, Timor Laut (Island), Penang, Taman Sri Setia consists of freehold apartments. There are a total of six 5 storey blocks at Taman Sri Setia. Taman Sri Setia is located in a popular housing area in Tanjung Bungah, Penang. It is located west to Georgetown on the north coast of Penang Island and is quite a densely populated area as it is not far from Georgetown as well as just a short drive to the beach. Taman Sri Setia apartment units are not new and its façade may look like it needs some work, but most units here have been renovated and are well maintained. The pricing for units here are affordable, considering its excellent location. It is also close to ton of amenities. In addition to this, Taman Sri Setia is just a stone’s throw away from Tunku Abdul Rahman University College, resulting in a large student population who are looking for rooms. Taman Sri Setia is suitable for small families, individuals as well as investors as the rental yield for units here are quite high. While public transportation to Taman Sri Setia is quite limited, this property is easily accessible via Jalan Tanjung Bungah, Jalan Tanjung Tokong and Jalan Lembah Permai, which are the main roads in this area. However, the heavy traffic, especially during peak hours needs to be given some consideration. For those who need public transportation, bus stops are located at Jalan Lembah Permai. There are plenty of schools in the area, including Tenby Schools Penang, which is only a 4 minute walk away (290m), Sekolah Kebangsaan Tanjung Bungah, which is about a 10 minute walk away (780m), and Prince of Wales Island International Primary School which is about a 9 minute walk away (640m). There are also plenty of kindergartens and child education and development centers close by, including Adventure Educare Center, Tadika Day Star and Apple Tree Education, all withing a 1 kilometer radius. There is also a Tunku Abdul Rahman University College that is only a 7 minute walk away (510m). Besides this, there is also a government run special education school located close by. For daily and basic necessities, residents can head over to the Tesco Hypermarket at Sri Tanjung Pinang. For shopping, there is the Gurney Plaza and Gurney Paragon Mall, where residents can find plenty of retail outlets. Both these malls are within 10km from Taman Sri Setia. Other shopping malls that are just a short drive away include Island Plaza and Straits Quay Mall. Residents will also be able to find amenities such as cafes, convenience stores, banks and clinics on Jalan Lembah Permai. For recreation, there is the Penang Swimming Club and the Penang Chinese Swimming Club. Another landmark in Tanjung Bungah is the Penang Floating Mosque. There is of course plenty of restaurants and eateries surrounding Taman Sri Setia and residents can choose for Chinese, Malay, Indian or Western cuisines. For those who love an active lifestyle, there is the Casa Permai Central Park located about 1 km away. The only facility offered here at Taman Sri Setia are the parking lots for residents’ vehicles. As this is not a gated or guarded property, residents do have to take the extra precaution to keep their homes safe. Potential residents also need to consider that there are no lifts servicing these apartment buildings. Taman Sri Setia consist of 6 blocks of freehold apartments. Each block is 5 storeys tall. Units here have a build-up size starting from 680 square feet. The sub sale price range for the apartment units at Taman Sri Setia ranges between RM229,000 to RM280,000, which is equivalent to RM327 to RM400 per square feet. The rental price range at Taman Sri Setia ranges between RM750 to RM1,200 per unit. Other developments in the same area as Taman Sri Setia that are worth checking out include 1 Island Resort, 1 Tanjong, 18 East @ Andaman, 38 Padang Tembak, 86 Avenue Residences and 98 Nibong Residence.
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Drawing on 30 days of PropertyGuru search activity, the project maintains notable traction in local search behaviour, recording a 100% share within Permai Jaya. Recent data places the project among the more actively browsed options in the area, reflecting a concentrated level of buyer interest relative to other local listings.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 238K
- Avg PSF: RM 340 psf (32.24% lower compared to Permai Jaya average of RM 502 psf)
- Available Units: 2
- FLAT BOON SIEW (155m, 1-2 mins) — Conveniently located just steps away for easy access to the surrounding neighbourhood and city routes.
- TENBY SCHOOL (461m, 5-6 mins) — A handy transit point for students and staff commuting to the nearby international school campus.
- TENBY SCHOOLS PENANG (372m, 4-5 mins) — A reputable international education provider located within a very short walking distance for families.
- SMK PENDIDIKAN KHAS PERSEKUTUAN (P) (665m, 7-8 mins) — A specialized government school nearby that serves the diverse educational needs of the community.
- SK TANJUNG BUNGA (959m, 11-12 mins) — A local primary school option that is easily accessible for families living in the area.
- STEAM (SCIENCE TECHNOLOGY ENGINEERING ARTS MATHS) CENTRE (459m, 5-6 mins) — A specialized learning and development facility located close by for student wellness and growth.
- POLIKLINIK KOMUNITI TANJONG BUNGAH (1017m, 12-13 mins) — Essential community healthcare services within reach for routine medical check-ups.
- TANJUNG BUNGAH HEALTH CLINIC (1397m, 16-17 mins) — A government health facility providing reliable medical support for the local residents.
- TANJONG BUNGAH WET MARKET (1547m, 18-19 mins) — The go-to spot for residents to pick up fresh local produce and daily kitchen essentials.
- STRIATS MINI MARKET (1652m, 19-20 mins) — A convenient local stop for quick grocery runs and household necessities.
- YIKESHU (408m, 4-5 mins) — A very close dining option perfect for a quick meal or a casual bite near home.
- STARBUCKS (927m, 11-12 mins) — A popular spot for coffee lovers and students looking for a place to study or relax.
- HUDSON'S DELI (1275m, 15-16 mins) — A well-known local eatery offering a variety of deli-style meals for the community.
- TUNKU ABDUL RAHMAN UNIVERSITY COLLEGE (587m, 7-8 mins) — A major tertiary institution within walking distance, making this location highly popular for students.
- CLUB HOUSE (971m, 11-12 mins) — A central campus facility providing recreational and social space for the student population.
- VALE OF TEMPE HINDU TEMPLE (712m, 8-9 mins) — A local spiritual landmark serving the community within the Tanjung Bungah area.
- HILLSIDE BAPTIST CHURCH (719m, 8-9 mins) — A nearby community church providing a place for worship and local gatherings.
Taman Sri Setia has demonstrated significant capital growth, characterized by a notable increase in price per square foot despite limited transaction volume.
- PSF Appreciation: RM339.233 psf → RM435.103 psf over recent years (+28.26%) from 2023 - 2025
- Transactions: 1 sale transactions in the last 12 months, showing limited sale activity.
- PG Pulse Insight: The project shows strong capital appreciation with PSF increasing by 28.26%, though sale activity remains modest with 1 transaction recorded.
Published date: September 2, 2026