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The Wave @ Setia Pearl Island

Sungai Ara/ 2 September 2011 Leave a comment

( This project is now known as Setia Sky 8 @ Setia Pearl Island )

The Wave, an upcoming condominium development at Setia Peral Island. This new development comprises 3 blocks with unit size ranging from 1,100 square feet to 2,000 square feet with full condo’s facilities.

Property Project : The Wave @ Setia Pearl Island
Location : Setia Pearl Island, Sungai Ara, Penang
Property Type : Condominium
Built-up Area: 1,100 sq.ft. onwards
Total Units : 539
Land Tenure: Freehold
Developer : SP Setia

 

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  1. Cartm
    September 2nd, 2011 at 12:36 | #1

    wow…539units? i couldn’t imagine the traffic at sg ara area once all these projects are completed. Probably another project that sold out but only 50% occupied and 50% empty house.

  2. kenji
    September 2nd, 2011 at 15:27 | #2

    any idea on the launching date and selling price? I checked with spsetia 2-3 months ago and they did not mention about this project.

  3. KS_rev
    September 2nd, 2011 at 20:20 | #3

    where is the location? Setia Pearl Island area still has land for this massive 539 units?

    good luck to those who use Jalan Tengah to go/back work…..soon the traffic congestion can fight with PG bridge…

  4. pghome
    September 2nd, 2011 at 21:18 | #4

    It is the land next to clubhouse. On the hillside at the back of low cost flat.

  5. erichoon81
    September 3rd, 2011 at 01:10 | #5

    near to my new condo meridien residence…

  6. Lucy
    September 3rd, 2011 at 10:43 | #6

    i wonder whether there will come a day where the island traffic is in complete deadlock and cannot move at all…will it happen? i hope no….

  7. FireDragon
    September 4th, 2011 at 14:58 | #7

    Do anyone know how much psf? Any idea?

  8. Economic Crisis
    September 4th, 2011 at 21:12 | #8

    Knowing from Star Property fair SP Setia booth, it is opposite the club house, go wikimap and see, there is an empty land there. Meaning, very deep inside, infront of this land are low cost flats.

  9. propertyfreak
    September 9th, 2011 at 11:00 | #9

    anyone here knows the exact price per sqft?

  10. KK
    September 9th, 2011 at 19:31 | #10

    Any update? Is this project better than Fiera Vista by Ideal…

  11. chinese
    September 9th, 2011 at 22:25 | #11

    I heard it is going to be around RM500-550/sf :(

  12. Singaporean
    September 10th, 2011 at 19:32 | #12

    only RM500 – RM550 psf. In singapore this type of condo is around SGD1950 psf. Need inform my singapore gang come and bulk buy it. Unbelievable cheap. :)

  13. CK
    CK
    September 11th, 2011 at 00:06 | #13

    Yes, I do agree it will be dirt cheap comparing with Singaporean standard.

    The thing is, most Singaporean that I know who can afford will go for landed. Buying bulk in this project when you can go for landed? Doesn’t sound logic to me…..

  14. Malaysian
    September 11th, 2011 at 08:53 | #14

    I tot most of Singaporean stay in hdb flat? A lot of them think they are very rich! But in fact the rich and poor disparity gap is even bigger than Malaysia.

  15. HarimauTakBergigi
    September 14th, 2011 at 12:55 | #15

    Singaporean, 500~550 per sq ft is unbelievable cheap? the market price is only 3xx per sq ft at that area AT MOST, do you expect to be 700 per sq ft after completion? Dream on, the most for a foreigner to purchase is max 3 units. Didn’t know you have such low knowledge about understanding the market and the rules and regulation, my dear sp setia staff

  16. Tripple-H
    September 14th, 2011 at 14:16 | #16

    look like transformer design, megatron face

  17. Singaporean
    September 14th, 2011 at 20:50 | #17

    Rules and regulation, u r kidding me. I think you are the one that know ntg @HarimauTakBergigi. You are too naive on the rules and regulation.

  18. Elmo
    September 16th, 2011 at 14:41 | #18

    Launching in Q3 2012.

  19. HarimauTakBergigi
    September 19th, 2011 at 12:40 | #19

    @Singaporean , stock up and ready to bulk buy your cheap units here in penang with RM500~550 per sq ft! it’s “dirt cheap”

  20. KK
    September 26th, 2011 at 00:25 | #20

    Any news on this property, when launch and price psf.

  21. HTBLV
    September 26th, 2011 at 09:38 | #21

    So high density, surely will become high-end-low-cost apartment

  22. Elmo
    September 27th, 2011 at 11:27 | #22

    SP Setia reputations is quite good. At least better than Ideal. No delays in handover.
    Launching in Q3 2011. Should be RM550k and above. Reflections is their first condo and selling at 450k and above. So The wave should be RM550k and above due. The only issue is the location..a bit far away from Georgetown.

  23. KK
    September 27th, 2011 at 11:33 | #23

    @Elmo
    Launching in Q3 2011, do you mean this project already launch? Now is the end of Q3 already.

  24. Elmo
    September 28th, 2011 at 21:47 | #24

    Sorry… typo.. Launching in Q3 2012.

  25. penang
    December 1st, 2011 at 21:51 | #25

    SP Setia will dismantle their existing club house.
    And The Wave just exactly sit on the club house.
    Guaranteed this will be very awesome view w/o any block in future development.

  26. penang
    December 30th, 2011 at 20:08 | #26

    Another new project call The Wave @ Penang Times Square

    Dear Admin,
    Please update the info about this project

  27. PPT EDITOR
    Ken (Admin)
    December 31st, 2011 at 02:11 | #27

    @penang
    Sure. Just added.

    https://www.penangpropertytalk.com/2011/12/the-wave-penang-times-square/

    I guess one of them will change their project name later :)

  28. Central unit
    December 31st, 2011 at 14:32 | #28

    Same name for two diffrent projects? Like tat also can? Ivory always lie to copy cat, first is twin tower then now the wave. Many new name is unused yet such as the wind or the frequency or the water or the h2o hahahah

  29. popeye
    January 24th, 2012 at 07:55 | #29

    I dont know why but ivory projects seems to ve bad commend most of the time…If is becauce they “supported BN” last GE?

  30. andy
    February 18th, 2012 at 12:06 | #30

    The idiotic “must grab, sure win” post by Singaporean exposes the limited brain power of those trying to hype a project. Readers on this thread can spot this type of crap a mile away.

    The Wave at Times Square is a commercial project. The units are available on a SOHO basis. You’re neighbour could be a child care centre, Indonesian maid agency, Chinese-made goods store. Who knows ?

    It is orientated East & West – fry in the morning, bake in the afternoon. Only for Cooks who don’t mind being hot in the kitchen.

    Ivory projects get “bad comments most of the time” because of what they are not who they support.

  31. A&BC
    May 24th, 2012 at 21:58 | #31

    Hi admin,
    the article says The Wave starts at 300k. if 300k for 1100sqft, then its a good deal. anyone can verify this? How about the other project Breeze?

  32. PPT EDITOR
    Ken (Admin)
    May 25th, 2012 at 18:08 | #32

    The recent article is from TheStar, but I doubt it is going to be 300K. Impossible unless they reduce the built up and sell some soho units.

  33. Dom
    May 25th, 2012 at 19:54 | #33

    it must be studio unit with 500 sqf, now this is the new requirement of penang gove for building new projects, must fullfill certain percentage of units below rm300k, still LPPL

  34. A&BC
    May 26th, 2012 at 11:44 | #34

    yup, so small…not practical for the average guys.

  35. vanit
    August 8th, 2012 at 01:25 | #35

    so how much is the wave ( sungai ara ) and whom to check the details?

  36. eng
    September 11th, 2012 at 22:38 | #36

    @Elmo
    Launch already?

  37. eng
    September 11th, 2012 at 22:39 | #37

    Elmo :Sorry… typo.. Launching in Q3 2012.

    Launched already?

  38. Q
    September 26th, 2012 at 10:00 | #38

    anyone knows when it has soft launch. i’m interested to purchase the relections condo by sp setia. but no luck liao. all unis sold out, except bumi lot.

  39. Q
    September 26th, 2012 at 10:27 | #39

    Singaporean :only RM500 – RM550 psf. In singapore this type of condo is around SGD1950 psf. Need inform my singapore gang come and bulk buy it. Unbelievable cheap.

    singapore lang, of course la your salary also in sing dollar. 1 sing dollar = RM2.50. for you is super cheap. for us in penang we are salaried worker. most of us work in factory. if there is a downturn and recession, we are the most kena hit. and the bank also don’t care one. cannot pay the monthly installment, then say bye bye to the condo unit. so for me, this condo is not cheap. very expensive.

  40. andrew
    October 16th, 2012 at 03:33 | #40

    setia pearl island sungai ara i intereted to buy.any idea

  41. david tan
    December 3rd, 2012 at 00:45 | #41

    Any update you guys heard for this project?

  42. uncle T
    uncle T
    January 11th, 2013 at 16:58 | #42

    this is huge project i love it… keep up date thanks… :)

  43. Elmo
    January 13th, 2013 at 22:59 | #43

    change project name..
    https://www.penangpropertytalk.com/2013/01/setia-sky-8/comment-page-1/#comment-100142

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