PROJECT DETAILS
Setia SV2 at a glance
Setia SV2 is a condominium project in Jelutong, Penang. The published tenure is freehold, with 1,087–1,647 sq ft and 2+1 to 4-bedroom layouts. The indicative starting SPA price is RM 969,000; current packages and available units need confirmation. The published completion reference is Expected Q1 2030. A freehold, residential-titled 34-storey condominium in Jelutong with 268 homes. Compare the exact site, usable layout, total purchase cost and monthly commitment before deciding. Ask for layout details, maintenance charges and management rules, and confirm the delivery terms for your selected property.
- Entry priceFrom RM 969,000
- TenureFreehold
- Published sizes1,087–1,647 sq ft
- CompletionExpected Q1 2030
- Matched entry PSF≈ RM891.444/sq ft · reference
- Parking entitlementTo enlighten
- Maintenance feeTo enlighten
Developer, scale and bedrooms
- Developer
- Kay Pride Sdn Bhd / S P Setia
- Total homes / units
- 268
- Bedrooms / layouts
- 2+1 to 4-bedroom layouts
Disclaimer: Gross price for reference purpose only. Consult us for the applicable promotional package.
LAYOUT & PRICE
Unit layout and indicative price summary
Use this summary to shortlist a configuration, then request the latest layouts and price information.
Start with the published 1,087–1,647 sq ft and 2+1 to 4-bedroom layouts. Compare each plan’s usable space, access, orientation and furniture placement. Use the layout-specific price below where available; the lowest project entry price may apply to a different configuration.
| Unit type | Size | Bedrooms | Indicative SPA price |
|---|---|---|---|
| Type A / A1 | 1,087 sq ft | 2+1 bedrooms, 2 bathrooms | RM 969,000 gross reference |
| Type B / B(M) | 1,421 sq ft | Confirm approved plan | Request current price |
| Type B1 / B2 | 1,367 sq ft | Confirm approved plan | Request current price |
| Type C / C1 / C2 | 1,647 sq ft | Confirm approved plan | Request current price |
| Type B3 / B3(M) | 1,421 sq ft + 549 sq ft accessory parcel | Confirm approved plan | Request current price |
| Type C3 / C4 | 1,647 sq ft + 269 sq ft accessory parcel | Confirm approved plan | Request current price |
Disclaimer: Gross price for reference purpose only. Consult us for the applicable promotional package.
Setia SV2 Type A and A1 floor plans
Project indicative price from RM 969,000 onwards
REGISTER YOUR INTEREST
Interested in Setia SV2?
Choose a layout and tell Willy what you’d like to know. We’ll help you take the next step.
COMPARE THREE PROJECTS · OR FIVE
Compare 3 or 5 Penang projects
Choose a three-project or five-project comparison, then select the other developments you want to review.
Choose comparison fields
PROPIN TAKE
Why could Setia SV2 deserve a place on your shortlist?
What stands out
A freehold, residential-titled 34-storey condominium in Jelutong with 268 homes.
What we’d watch
Its listed reference points include George Town and Komtar and Lam Wah Ee Hospital. Assess everyday routes to work, shops, schools and healthcare, alongside nearby anchor businesses and future supply. For rental use, consider the likely tenant profile and competing homes; amenity proximity alone does not establish occupancy intake.
Who we’d shortlist for
The published 1,087–1,647 sq ft provides a starting point for comparing layout choice and household fit. Shortlist it where the location and layout match the buyer’s daily priorities. Visit at different times to understand traffic and the surrounding environment. Distinguish established amenities from proposed development.
Read the full assessment
These observations interpret the referenced project facts and surrounding location. They are desk-research opinions, not a claim of a site visit, measured occupancy or guaranteed returns.
PropIn editorial interpretation · Project reference 2026-09-11. Where these details come from ↓
More on buyer suitability
BUYER FIT
Is Setia SV2 suitable for you?
May suit you if:
- You want a home or investment property in Jelutong.
- The published 2+1 to 4-bedroom layouts and 1,087–1,647 sq ft fit your space needs.
- The freehold tenure and property format suit your priorities.
- The purchase price, maintenance and financing fit your budget.
Compare other projects if:
- You need a different location for your regular commute.
- You require a different layout or more usable internal space.
- You prefer another property category or tenure.
- Your budget or move-in date requires an alternative.
LOCATION
Where is Setia SV2?
Setia SV2 is listed at Lorong Slim, Jelutong, Penang. Nearby reference points include George Town and Komtar, Lam Wah Ee Hospital, SMJK Heng Ee High School. Check the mapped reference, actual entrance and peak-hour route; nearby does not imply walking distance.
- AddressLorong Slim, Jelutong, Penang
- DistrictNortheast Penang Island District (DTL)
- Near toGeorge Town and Komtar
- Near toLam Wah Ee Hospital
- Near toSMJK Heng Ee High School
Exact project-site coordinate supplied in the PropIn Project Reference workbook and applied on 2026-09-20. Driving times depend on traffic, route and the confirmed project entrance.
More on the project setting
WHY THIS PROJECT?
Why consider Setia SV2?
A freehold, residential-titled 34-storey condominium in Jelutong with 268 homes. Layouts from 1,087 to 1,647 sq ft place the project close to George Town, established schools, healthcare and the Jelutong Expressway corridor.
- Jelutong locationSetia SV2 is in Jelutong, Penang, near George Town and Komtar and Lam Wah Ee Hospital.
- Property formatFreehold Condominium, with 268 homes or units.
- Layouts for comparison2+1 to 4-bedroom layouts across published built-up sizes of 1,087–1,647 sq ft.
- Project highlightsFacilities on Levels 1 and 7 · Resort-style pool and landscaped wellness spaces · Smart-home provisions and EV charging bays
Check these features against your intended use, daily route, budget and the approved project documents.
Ask Willy about this project ↗Historical price context
PRICE CONTEXT
How should you assess the price of Setia SV2?
The published entry reference is RM 969,000. Compare total price with the selected unit’s size, floor, condition, tenure and package. A smaller entry price does not establish better value; confirm the latest price information before comparing.
Setia SV2
Jelutong
- Indicative entry
- From RM 969,000
- Published sizes
- 1,087–1,647 sq ft
- Tenure
- Freehold
TwinStar
Lintang Slim, Jelutong
- Indicative entry
- From RM 438,000
- Published sizes
- 900 sq ft including approximately 50 sq ft yard
- Tenure
- Freehold residential title
Alton Skyvillas
Jelutong
- Indicative entry
- Confirm current price
- Published sizes
- 1,132–2,672 sq ft
- Tenure
- Freehold
Reference figures may come from different dates and unit releases. These are shortlist comparisons, not valuations. Match the price to its actual unit area before calculating price per square foot.
FACILITIES
Explore the shared spaces
Move through the facility cards with the arrows or dots. Select any card to enlarge it.
Browse nearby projects
NEARBY PROJECT COMPARISON
Compare with nearby projects
Compare projects within 5 km of Setia SV2 first, followed by relevant options in Northeast Penang Island District (DTL). Distances are straight-line estimates from the mapped project coordinates.
Convert price and area units
BUYER CONVERSION TOOL
View price and built-up in familiar units
Placed beside the layout and price decision point, this indicative tool converts Malaysian Ringgit and the published built-up size. Live exchange rates are requested when available.
Estimate a monthly loan payment
PROPERTY LOAN CALCULATOR
Estimate your monthly property loan
Adjust the property price, financing margin, interest rate and tenure to see an indicative repayment.
This is an illustrative estimate. Bank approval, effective rates, lock-in terms, mortgage insurance, legal fees and other costs may change the actual repayment.
Full buyer checks
THINGS TO CONSIDER
What should you check before choosing Setia SV2?
Price and package
Confirm the current gross SPA price, package and availability.
Financing and costs
Test repayment at a higher rate and include legal fees, insurance, furnishing or fit-out, and ongoing charges.
Delivery and condition
The published completion reference is indicative. Confirm delivery obligations in the signed SPA.
Location and future supply
Check actual routes in Jelutong, surrounding development and competing supply for your intended use.
Layout and maintenance
Check usable internal space, accessory parcels, service charges, sinking fund and management rules.
Rental and household fit
Assess your household needs and competing rental options; rental income and future resale values remain uncertain.
QUICK ANSWERS
Frequently asked questions about Setia SV2, Penang
Direct answers based on the latest reviewed project information.
What is Setia SV2 in Penang?
Setia SV2 is a freehold condominium development in Jelutong, Penang, by Kay Pride Sdn Bhd / S P Setia. Its condominium format can be compared through residential title, density, layout efficiency, facilities and maintenance.
Where exactly is Setia SV2 located?
Setia SV2 is located at Lorong Slim, Jelutong, Penang. Exact project-site coordinate supplied in the PropIn Project Reference workbook and applied on 2026-09-20.
What is the indicative price for Setia SV2?
The current reference starts from RM 969,000. Indicative gross starting price in the 2 March 2026 project summary; current approved unit pricing to confirm. Ask for the latest approved price list because availability and pricing can change.
What unit sizes and bedrooms are available at Setia SV2?
Published information lists 2+1 to 4-bedroom layouts across built-up sizes of 1,087–1,647 sq ft. Confirm the precise internal area and accessory parcels on the selected plan.
When will Setia SV2 be completed?
Expected Q1 2030. The signed SPA is the controlling document for the applicable delivery timeline.
What facilities does Setia SV2 provide?
Published highlights include Facilities on Levels 1 and 7, Resort-style pool and landscaped wellness spaces, Smart-home provisions and EV charging bays. Final facilities, specifications and operating rules should be checked against approved project documents.
What is distinctive about Setia SV2 for a Penang property shortlist?
A freehold, residential-titled 34-storey condominium in Jelutong with 268 homes. Layouts from 1,087 to 1,647 sq ft place the project close to George Town, established schools, healthcare and the Jelutong Expressway corridor. Its condominium format can be compared through residential title, density, layout efficiency, facilities and maintenance.
Which district is Setia SV2 in?
Setia SV2 is grouped under Northeast Penang Island District (DTL), around Jelutong. Nearby reference points include George Town and Komtar, Lam Wah Ee Hospital, SMJK Heng Ee High School.
How can I compare Setia SV2 with other Penang new launches?
Compare the actual location, tenure, built-up size, bedroom configuration, indicative SPA price and completion timing. Select two other projects below and send the comparison list to Willy Saw, REN 30641.
Who is Setia SV2 best suited for?
Buyers comparing condominium property in Jelutong whose space needs, tenure preference, budget and timeline fit the published facts. Review the buyer-fit section and selected plan before deciding.
How much is the monthly instalment for Setia SV2?
Use the loan calculator on this page with the selected property price, financing margin, interest rate and tenure. It produces an illustrative monthly repayment; bank approval and other purchase costs require confirmation.
Is the published size at Setia SV2 suitable for my needs?
The published size reference is 1,087–1,647 sq ft. Check dimensions, usable internal space, circulation and furniture and household requirements on the published layout; area alone does not establish suitability.
Prefer to send a written enquiry?
PROJECT REGISTRATION
Request current information for Setia SV2
Send your contact details and questions to Willy Saw. Your enquiry will be sent securely to PropIn.
Where these details come from
WHERE THESE DETAILS COME FROM
Reviewed project information
Research method and author
PropIn brings together project references and editorial comparisons. Contact: Willy Saw, REN 30641, IQI Realty / Bricksmen. Check current registration ↗. Profile details are supplied by Willy; desk research is distinguished from dated site observations.
- Project reference
- Source date: 2026-09-11. Current price and availability require confirmation.
- Parking entitlement
- To enlighten
- Maintenance fee
- To enlighten
- APDL / HDA
- Register match recorded 2026-10-07. Check current validity.
A developer licence and advertising and sales permit are separate records. Match the developer and project phase using KPKT / TEDUH ↗. Commercial title alone does not establish HDA applicability. Recorded research is not a guarantee of current permit validity, short-stay permission or investment returns. KPKT legislation reference ↗.
Project reference reviewed 2026-09-11. Comparison research checked 2026-10-07. A source review is not a current available-unit quotation or a whole-project verification.
APDL status: Verified
TEDUH current licence/permit register checked 07 Oct 2026 for Setia SV2, developer KAY PRIDE SDN. BHD.: licence 11978/01-2028/0046(A); permit 11978-4/10-2028/0885(A)-(S). Register confirms SETIA SV2; permit suffix (A) differs from published (N). Verified concerns register match, not a guarantee of site progress, price or operating permission. https://teduh.kpkt.gov.my/semakan-lesen-permit
Price, parking and maintenance evidence
- Price status
- Current checked
- Price checked
- Reference price; ask for latest availability
- Price basis
- Indicative gross starting price in the 2 March 2026 project summary; current approved unit pricing to confirm
- Parking
- To enlighten
- Furnishing
- Non-Applicable
- Maintenance
- To enlighten
- Maintenance basis
- To enlighten
The current official completion disclosure supersedes the earlier estimate in the supplied summary. Confirm the selected layout, price, parking allocation, maintenance charge and delivery date in the SPA.
APDL verification is limited to the documented register match and date. It does not establish short-stay permission, investment returns, current stock or construction progress. Owner-supplied records remain identified as such; private documents are not published here.
PROPIN PENANG PROPERTY
Understand the project before choosing the unit.
PropIn Consultancy organises Penang new-launch information by location, layout, price and delivery timing. Willy Saw, REN 30641, provides project comparisons through IQI Realty and IQI Bricksmen.
About PropIn and Willy Saw ↗