Sungai Ara · Subsale Market
Isle of Palm @ Setia Pearl Island 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.
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 980K).
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 |
|---|---|---|---|
| All units | 2,155–3,795 | RM980,000 | RM578 |
Zac’s Take
Zac Ong
Thirty units on Setia Pearl Island, freehold, sizes from 2,155 up to 3,795 sq ft — Isle of Palm is a 2018-completion project that's aged into a more established resale market. With semi-Ds listed mostly around RM1.6M to RM2.4M in 2026, you're paying island-premium pricing for a gated waterfront-adjacent enclave, and the facilities list here is unusually extensive for only 30 landed units — lap pool, wading pool, tennis and squash courts, sauna, jacuzzi, function hall, full clubhouse. For a scheme this small, that's either an exceptionally well-resourced private enclave or a shared facility with the wider Setia Pearl Island development, and the difference matters for your monthly maintenance fee. Ask directly whether these facilities are exclusive to Isle of Palm's 30 units or shared across the broader township.
Reviews and comparisons
- Begonia @ Botanica.CT Review 2026: Freehold Semi-Ds on Penang Island Under RM1M, With Up to 18% Off. Why Are Some Still Unsold?
- 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
- Casa Rica @ Setia Greens Review 2026 — SP Setia's Sungai Ara Semi-D from About RM1.9M
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an Isle of Palm @ Setia Pearl Island 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 Isle of Palm @ Setia Pearl Island.
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 Isle of Palm @ Setia Pearl Island
- 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.
Isle of Palm @ Setia Pearl Island price 2026
What Isle of Palm @ Setia Pearl Island trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM980,000 – RM2.48M |
| PSF | RM578 – 1021 |
| Built-up | 2,155 – 3,795 sqft |
| Completed | 2018 |
| Units | 30 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 listings about RM980,000–2.48M; 3-storey semi-Ds mostly around RM1.6M–2.4M. Launched from about RM1.8M.
The building is 8 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.
Isle of Palm @ Setia Pearl Island for sale & for rent
Looking to buy or rent a home in Isle of Palm @ Setia Pearl Island? 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.
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 980K
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 1.9M
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
- Casa Rica @ Setia GreensRM1.9M
Isle of Palm @ Setia Pearl Island subsale — common questions
What is the price of Isle of Palm @ Setia Pearl Island?
2026 listings about RM980,000–2.48M; 3-storey semi-Ds mostly around RM1.6M–2.4M. Launched from about RM1.8M.
Is Isle of Palm @ Setia Pearl Island freehold or leasehold?
Isle of Palm @ Setia Pearl Island is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Isle of Palm @ Setia Pearl Island?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Isle of Palm @ Setia Pearl Island 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 Isle of Palm @ Setia Pearl Island completed?
Isle of Palm @ Setia Pearl Island was completed in 2018 by SP Setia, so homes here are bought from existing owners.
How big are the homes at Isle of Palm @ Setia Pearl Island?
Homes range from about 2,155 to 3,795 sq ft. There are 30 homes in total.
Are the pool, tennis court and clubhouse facilities exclusive to this project?
Ask the management whether the listed facilities are exclusive to Isle of Palm or shared with the wider Setia Pearl Island township, as that affects both access and maintenance charges.
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.