Sungai Ara · Subsale Market
Casa Rica @ Setia Greens Subsale — Sungai Ara, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Casa Rica @ Setia Greens is a completed freehold landed development in Sungai Ara, Penang, completed in 2024 by Kewira Jaya Sdn. Bhd. (SP Setia). It has 60 units. Subsale asking prices currently run about RM660–740 per sq ft (from roughly RM 1.90M).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-09.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3-Storey Semi-D (with private lift) · 3-Storey Semi-D — 5+1 bed / 6 bath / private lift | 3,512–3,573 | RM2.119M | ~RM603 |
Zac’s Take
Zac Ong
Casa Rica is Phase 2 of the Setia Greens township — SP Setia's play in Sungai Ara — and it sits noticeably above Phase 1's older terrace stock. Sixty freehold semi-Ds on around 11 acres, all Spanish-inspired with three themed pocket parks including De'Alhambra Garden. The 2-storey layouts start at RM1.8M with 4+1 beds and 2,874-3,046 sqft; the 3-storey variants push to RM2.119M and add a private lift plus a fifth bedroom in 3,512-3,573 sqft. That's large for this part of the island. The catch: it's a guarded community not gated-and-guarded strata, so security is at the perimeter rather than at your door — that suits some upgraders and not others. Fits the buyer who has outgrown a Sungai Ara terrace but doesn't want to jump to full bungalow money.
Reviews and comparisons
- Casa Rica @ Setia Greens Review 2026 — SP Setia's Sungai Ara Semi-D from About RM1.9M
- Sungai Ara Property Guide 2026 — The Family Upgrader's Southern Area
- Penang Island landed under RM2.5M in 2026 — every option, ranked
- Selling Your Sungai Ara Semi-D in 2026 — What It's Actually Worth, and How to Price It Right
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Casa Rica @ Setia Greens subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Sungai Ara's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Casa Rica @ Setia Greens.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
Due diligence before buying at Casa Rica @ Setia Greens
- 1.Individual title status — Confirm whether individual title has issued and is in the seller's name. Master-title landed transactions carry extra steps and time.
- 2.Approved extensions — Most landed resales have some extension. Ask for the approved plan — unapproved structures can be an issue at your own resale or refinancing.
- 3.Drainage and ground level — Walk the perimeter and ask neighbours directly about flooding history. Penang's heavy-rain events are the honest test, not a dry-day viewing.
- 4.Gated scheme fees and rules — For gated-and-guarded schemes, confirm the monthly fee, what it covers, and the collection rate. Poor collection means declining security cover.
- 5.Roof, structure and termites — Commission an inspection for anything over fifteen years old. Roof and termite remediation are the two costs that most often blow a landed budget.
Casa Rica @ Setia Greens price 2026
What Casa Rica @ Setia Greens trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM1.9M+ |
| PSF | RM660 – 740 |
| Built-up | 2,874 – 3,573 sqft |
| Completed | 2024 |
| Units | 60 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. Launched from about RM1.8M (2-storey) and RM2.12M (3-storey with private lift); resale asking from about RM1.9M in 2026.
The building is 2 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM3M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
Casa Rica @ Setia Greens for sale & for rent
Looking to buy or rent a home in Casa Rica @ Setia Greens? Asking prices and rents move with the market and with the specific home — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Casa Rica @ Setia Greens key facts
- Developer
- Kewira Jaya Sdn. Bhd. (SP Setia)
- Area
- Sungai Ara, Penang
- Type
- landed
- Tenure
- freehold · residential
- Completed
- 2024
- Total units
- 60
- Asking PSF
- RM660–740
- Price from
- RM 1.90M
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 378K – RM 980K
asking prices in area
Active projects
0
selling or under construction
Subsale condos
7
completed projects
Total tracked
8
properties in this area
Other projects in Sungai Ara
All 7 others we track here, cheapest first — all trading sub-sale.
- Fairview ResidenceRM378K
- TreeORM395K
- Skycube ResidenceRM446K
- SenzVillesRM500K
- Imperial GrandeRM515K
- Setia PinnacleRM540K
- Isle of Palm @ Setia Pearl IslandRM980K
Casa Rica @ Setia Greens subsale — common questions
What is the price of Casa Rica @ Setia Greens?
Launched from about RM1.8M (2-storey) and RM2.12M (3-storey with private lift); resale asking from about RM1.9M in 2026.
Is Casa Rica @ Setia Greens freehold or leasehold?
Casa Rica @ Setia Greens is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Casa Rica @ Setia Greens?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Casa Rica @ Setia Greens is priced above that. Other foreign buyers need RM3,000,000 for landed property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Casa Rica @ Setia Greens completed?
Casa Rica @ Setia Greens was completed in 2024 by Kewira Jaya Sdn. Bhd. (SP Setia), so homes here are bought from existing owners.
How big are the homes at Casa Rica @ Setia Greens?
Homes range from about 2,874 to 3,573 sq ft. There are 60 homes in total.
Who is the developer of Casa Rica @ Setia Greens?
Kewira Jaya Sdn. Bhd., a subsidiary of SP Setia Bhd. Casa Rica is Phase 2 of the Setia Greens township — Phase 1 was completed in 2013.
What unit types are available?
Semi-detached only, in two configurations. The 2-storey layout has 4+1 bedrooms and 5 bathrooms across 2,874-3,046 sqft. The 3-storey layout has 5+1 bedrooms, 6 bathrooms, and a built-in private lift across 3,512-3,573 sqft.
Is it gated and guarded?
Guarded community with 24-hour security at the perimeter — not full gated-and-guarded strata. That means owner renovation freedom compared with strata developments, but security is at the boundary rather than the door.
What's the design theme?
Spanish-inspired architecture — profile roof tiles, arched and bay windows, and three themed pocket parks: Casa Rica Garden, Casa Rica Terrace Garden, and De'Alhambra Garden.
More on the neighbourhood:
Sungai Ara area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.