Sungai Ara · Subsale Market
Setia Pinnacle 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.
Setia Pinnacle is a completed freehold condominium in Sungai Ara, Penang, completed in 2016 by SP Setia. It has 434 units. Subsale asking prices currently run about RM464–594 per sq ft (from roughly RM 540K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-13.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,095–1,515 | RM540,000 | RM464 |
Zac’s Take
Zac Ong
Setia Pinnacle is SP Setia's freehold condominium in the Setia Greens neighbourhood of Sungai Ara: one 38-storey tower with 434 homes of about 1,095 to 1,515 sq ft, completed in 2016.
Listings in late 2026 ran from about RM540,000 to RM850,000, roughly RM460 to RM590 psf, and homes let for about RM1,450 to RM2,500 a month.
It suits a family working in Bayan Lepas who wants a newer, well-equipped tower inside a gated township. Every listing sits below the RM1M island minimum for foreign buyers, so this is a local-buyer building.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Setia Pinnacle 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 Setia Pinnacle.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Setia Pinnacle is priced within Sungai Ara
At roughly RM464 psf, Setia Pinnacle sits toward the value end of Sungai Ara's condo band (RM440–590 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
Building age
10 years
Completed 2016
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
5 things to check before signing the Setia Pinnacle SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
Setia Pinnacle price 2026
What Setia Pinnacle trades at on the sub-sale market, last checked 2026-10-13.
| Asking from | RM540,000 – RM850,000 |
| PSF | RM464 – 594 |
| Built-up | 1,095 – 1,515 sqft |
| Completed | 2016 |
| Units | 434 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 10 years old. Old enough that the sinking fund and the state of common property matter more than the finishes. Ask for the MC accounts and the last AGM minutes — arrears across the building are the number that predicts your future maintenance bill.
Every unit here sits below the RM1M 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.
Setia Pinnacle for sale & for rent
Asking rents at Setia Pinnacle ran from about RM1,450–2,500 a month in October 2026, for three-bedroom homes of about 1,095–1,515 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Setia Pinnacle key facts
- Developer
- SP Setia
- Area
- Sungai Ara, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2016
- Total units
- 434
- Asking PSF
- RM464–594
- Price from
- RM 540K
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
- Isle of Palm @ Setia Pearl IslandRM980K
- Casa Rica @ Setia GreensRM1.9M
Setia Pinnacle subsale — common questions
What is the price of Setia Pinnacle?
Setia Pinnacle runs RM540,000 to RM850,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM464–594 per square foot. Checked 2026-10-13.
Is Setia Pinnacle freehold or leasehold?
Setia Pinnacle 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 Setia Pinnacle?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Setia Pinnacle is priced above that. Other foreign buyers need RM1,000,000 for strata 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.
How much is the rent at Setia Pinnacle?
Asking rents ran from RM1,450 to RM2,500 a month in October 2026, for three-bedroom homes of about 1,095–1,515 sq ft. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was Setia Pinnacle completed?
Setia Pinnacle was completed in 2016 by SP Setia, so homes here are bought from existing owners.
How big are the homes at Setia Pinnacle?
Homes range from about 1,095 to 1,515 sq ft. There are 434 homes in total.
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.