5 Houses for Sale at Taman Sri Setia
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.
Explore PropertyGuru
PropertyGuru data spanning the past 30 days shows that the project remains one of the more visible names in recent search data, capturing 100% of Permai Jaya queries. This recent search activity highlights the project's visibility, showing a 100% share of local searches and reflecting its prominence within the township's current market landscape.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 266K
- Avg PSF: RM 380 psf (31.01% lower compared to Permai Jaya average of RM 551 psf)
- Available Units: 5
Location & Lifestyle Highlights — Taman Sri Setia
155m (1-2 mins) to FLAT BOON SIEW — This nearby transit point offers a quick and easy way to catch local buses for your daily commute around Tanjung Bungah.
Taman Sri Setia offers a practical and affordable lifestyle in a well-established part of Tanjung Bungah, making it a great choice for those who want to be close to both the city and the beach. The area is particularly lively thanks to its proximity to the university college, creating a friendly neighborhood feel with plenty of local conveniences right at your doorstep.
Nearby hotspots:
Bus Stops (3 within 1 km):
- FLAT BOON SIEW (155m, 1-2 mins) — Just a very short walk away, making it simple to hop on a bus for trips around the island.
- TENBY SCHOOL (461m, 5-6 mins) — Conveniently located for students or staff heading to the nearby international school.
- TAR KOLEJ I (533m, 6-7 mins) — Perfect for residents who need regular access to the university college area.
Education & Early Learning:
- TENBY SCHOOLS PENANG (372m, 4-5 mins) — A reputable choice for families looking for quality education within a very short walking distance.
- SMK PENDIDIKAN KHAS PERSEKUTUAN (P) (665m, 7-8 mins) — Provides specialized local education options close to home.
- SK TANJUNG BUNGA (959m, 11-12 mins) — A nearby primary school option that is handy for families with young children.
Healthcare & Wellness:
- STEAM (SCIENCE TECHNOLOGY ENGINEERING ARTS MATHS) CENTRE (459m, 5-6 mins) — A nearby hub focused on modern learning and development.
- POLIKLINIK KOMUNITI TANJONG BUNGAH (1017m, 12-13 mins) — Accessible community healthcare for your family's routine medical needs.
- ENG PHARMACY (1334m, 16-17 mins) — A reliable spot nearby to pick up prescriptions and daily health essentials.
Shopping & Retail:
- TANJONG BUNGAH WET MARKET (1547m, 18-19 mins) — The go-to place for residents to get fresh local produce and groceries.
- STRIATS MINI MARKET (1652m, 19-20 mins) — A convenient stop for grabbing quick household supplies and snacks.
Dining & Food:
- YIKESHU (408m, 4-5 mins) — A very close dining option for a quick and easy meal without traveling far.
- STARBUCKS (927m, 11-12 mins) — A familiar spot nearby to grab a coffee or meet up with friends.
- HUDSON'S DELI (1275m, 15-16 mins) — Offers a different variety of food for those looking for a nice deli meal in the neighborhood.
Universities:
- TUNKU ABDUL RAHMAN UNIVERSITY COLLEGE (587m, 7-8 mins) — Its close proximity makes this property a top choice for students and campus staff.
- CLUB HOUSE (971m, 11-12 mins) — Part of the campus facilities providing a space for student activities and gatherings.
Places of Worship:
- VALE OF TEMPE HINDU TEMPLE (712m, 8-9 mins) — A local spiritual landmark serving the community in the Tanjung Bungah area.
- HILLSIDE BAPTIST CHURCH (719m, 8-9 mins) — Provides a nearby place for worship and community connection for residents.
Highly attractive for: Budget-Conscious Families, University Students, Savvy Investors, and Local Staff.
Market & Sale Insights
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: October 17, 2026





