Kewira Jaya Sdn. Bhd. (SP Setia)
Casa Rica @ Setia Greens
Sungai Ara
From
RM 1.90M
RM 660–740 PSF · Completion 2023
Tenure
freehold
Title
TBC
Total Units
60
Completion
2023
- From
- RM 1.9M
- PSF
- RM 660–740
- Tenure
- freehold
- Total units
- 60
- Status
- completed
- Completion
- 2023
Zac’s Take
Zac Ong
Casa Rica @ Setia Greens is a premium landed enclave in Sungai Ara — 60 units from RM1.9M by SP Setia, one of Malaysia's top-tier listed developers. Sungai Ara is arguably Penang Island's best value for landed: mid-island location with decent highway access, established neighbourhood, and a growing number of premium landed enclaves. SP Setia's Setia Greens township is one of the best-planned landed developments in the area with greenery, water features, and quality builds. RM1.9M for SP Setia landed freehold in this location is competitive versus Desa Park City-type valuations on the mainland. Only 60 units means this is exclusive and will be tightly held. Prime for upgrader families who want quality landed living with a reputable developer warranty.
Casa Rica @ Setia Greens unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| 2-Storey Semi-D | 2-Storey Semi-D | 2,874–3,046 | — | — |
| 3-Storey Semi-D | 3-Storey Semi-D | 3,512–3,573 | — | — |
| Total | — | |||
What's nearby
🏥 Healthcare
- Hospital Lam Wah Ee4.0km
🛍 Shopping
- Queensbay Mall3.0km
- Setia SPICE Convention Centre2.0km
Monthly Instalment Calculator
Monthly Instalment
RM 7,674
Total Interest
RM 1,513,230
Total Outlay
RM 3,413,230
Sungai Ara — area snapshot
Full area guide →Sungai Ara is a mid-island residential area south of Bayan Lepas with a growing condo market. Well-connected to the airport and FTZ.
Price range
RM 300K – RM 2.2M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
6
completed projects
Total tracked
8
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 190,000 |
| SPA stamp duty | RM 60,000 |
| SPA legal fee | RM 18,450 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 60,000 |
| Loan stamp duty (0.5%) | RM 8,550 |
| Loan agreement legal fee | RM 8,550 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 350,050 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Who is the developer of Casa Rica Setia Greens?
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What type of landed is Casa Rica?
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Why buy landed in Sungai Ara?
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Is Casa Rica Setia Greens freehold?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 1.9M
Casa Rica @ Setia Greens