Jelutong · Subsale Market
Setia Sky Ville Subsale — Jelutong, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Setia Sky Ville is a completed freehold condominium in Jelutong, Penang, completed in 2021 by S P Setia (Kay Pride Sdn. Bhd.). It has 819 units. Subsale asking prices currently run about RM702–896 per sq ft (from roughly RM 710K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,036–1,424 | RM710,000 | RM702 |
Zac’s Take
Zac Ong
Eight hundred and nineteen units is the figure that shapes everything else about this one. In any given month several units of your exact type will be listed alongside yours, and that competition sets your exit price far more than any feature of the building will. What you get for accepting it is real enough: a 2021 S P Setia build, freehold, in Jelutong, carrying one of the longest facilities lists on the island — bowling alley, jacuzzi, bio pond, basketball and multi-purpose courts, sauna, clubhouse, guest lounge. Sizes are 1,036 to 1,424 sqft and 2026 listings about RM710,000 to RM1.19 million, which reads as the Jelutong going rate rather than a bargain. The lower half of that spread does not reach the RM1,000,000 foreign-buyer threshold, so only units at the top of the range are open to overseas purchasers. Not for an investor who needs pricing power at exit, or anyone who resents queuing for a lift.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Setia Sky Ville 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
Jelutong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Setia Sky Ville.
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 Sky Ville is priced within Jelutong
At roughly RM702 psf, Setia Sky Ville sits mid-band for Jelutong (RM540–900 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
Building age
5 years
Completed 2021
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.
What to inspect before you commit at Setia Sky Ville
- 1.Internal pipes and electrical — For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains — Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Setia Sky Ville price 2026
What Setia Sky Ville trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM710,000 – RM1.19M |
| PSF | RM702 – 896 |
| Built-up | 1,036 – 1,424 sqft |
| Completed | 2021 |
| Units | 819 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 5 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.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
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 Sky Ville for sale & for rent
Asking rents at Setia Sky Ville ran from about RM2,500–3,100 a month in September–October 2026, for homes of about 1,036–1,424 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Setia Sky Ville key facts
- Developer
- S P Setia (Kay Pride Sdn. Bhd.)
- Area
- Jelutong, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2021
- Total units
- 819
- Asking PSF
- RM702–896
- Price from
- RM 710K
Jelutong — area snapshot
Full area guide →Jelutong is a densely populated central-island area. New projects here target first-time buyers and investors rather than the luxury segment, with relatively accessible entry prices.
Price range
RM 400K – RM 969K
asking prices in area
Active projects
6
selling or under construction
Subsale condos
3
completed projects
Total tracked
10
properties in this area
Other projects in Jelutong
All 9 others we track here, cheapest first — 6 of them still selling.
- Artis 3RM400K
- Twin StarRM438K
- Grace HarmonyRM480K
- Urban SuitesRM498K
- Maritime SignatureRM500K
- 3 ResidenceRM650K
- Central ResidenceRM650K
- Alton SkyvillasRM899K
- Setia SV2RM969K
Setia Sky Ville subsale — common questions
What is the price of Setia Sky Ville?
Setia Sky Ville runs RM710,000 to RM1,190,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM702–896 per square foot. Checked 2026-10-12.
Is Setia Sky Ville freehold or leasehold?
Setia Sky Ville 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 Sky Ville?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at Setia Sky Ville?
Asking rents ran from RM2,500 to RM3,100 a month in September–October 2026, for homes of about 1,036–1,424 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 Sky Ville completed?
Setia Sky Ville was completed in 2021 by S P Setia (Kay Pride Sdn. Bhd.), so homes here are bought from existing owners.
How big are the homes at Setia Sky Ville?
Homes range from about 1,036 to 1,424 sq ft. There are 819 homes in total. With that many, expect plenty of similar units on the market when you come to sell.
More on the neighbourhood:
Jelutong 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.