Sungai Ara · Subsale Market
Isle of Palm @ Setia Pearl Island Subsale — Sungai Ara, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Isle of Palm @ Setia Pearl Island is a completed freehold landed development in Sungai Ara, Penang, completed in 2018 by SP Setia. It has 30 units. Subsale asking prices currently run about RM578–1021 per sq ft (from roughly RM 2.20M).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Isle of Palm @ Setia Pearl Island subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Sungai Ara's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Isle of Palm @ Setia Pearl Island.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Isle of Palm @ Setia Pearl Island SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Isle of Palm @ Setia Pearl Island key facts
- Developer
- SP Setia
- Area
- Sungai Ara, Penang
- Type
- landed
- Tenure
- freehold
- Completed
- 2018
- Total units
- 30
- Asking PSF
- RM578–1021
- Price from
- RM 2.20M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Isle of Palm @ Setia Pearl Island:
View full Isle of Palm @ Setia Pearl Island profile →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 1.9M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
6
completed projects
Total tracked
8
properties in this area
Isle of Palm @ Setia Pearl Island subsale — common questions
Where is Isle of Palm @ Setia Pearl Island located?
Isle of Palm @ Setia Pearl Island is in Sungai Ara, Penang, developed by SP Setia and completed in 2018.
Is Isle of Palm @ Setia Pearl Island freehold or leasehold?
Isle of Palm @ Setia Pearl Island is freehold.
How much is a Isle of Palm @ Setia Pearl Island unit?
Subsale asking prices at Isle of Palm @ Setia Pearl Island start from roughly RM 2.20M (about RM578–1021 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Isle of Palm @ Setia Pearl Island subsale unit?
Subsale asking prices at Isle of Palm @ Setia Pearl Island vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.
Is Isle of Palm @ Setia Pearl Island a good buy in the subsale market?
Isle of Palm @ Setia Pearl Island in Sungai Ara is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.
What should I check before signing a subsale SPA at Isle of Palm @ Setia Pearl Island?
Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.
Can foreigners buy a Isle of Palm @ Setia Pearl Island subsale unit?
Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.
How long does a subsale purchase at Isle of Palm @ Setia Pearl Island take?
Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.
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.