In the twinkling of an eye, SP Setia the leading property developer in Malaysia, has once again set to make another success story in the vibrant vicinity of Bertam with its latest edition of Setia Fontaines. Setia Fontaines township is crafted to fulfil various stages of living. Whether you are looking for your first home, or looking to start your family or as a retirement home, there’s something for everybody in Setia Fontaines.

Setia Fontaines is now showcasing its finely curated landscape design at Queensbay Mall between 2 – 6 October 2019. Witness yourself and be mesmerised with the impressive view of the massive extraordinary landscape featuring Sea of Flowers, KingFisher Bridge and some new concepts of landscaping for the Central Park.

Setia Fontaines, the first ever township in Malaysia is set to offer a 63 acres’ man-made lake with 100m width musical fountain, capable of reaching a height of 60m up-to-the-air. Be ready to be spoilt with the water taxi services available at the lake. Be pampered with the breath-taking view of the lake as you enjoy an Al-fresco dining strip. Be prepared to relax at the huge open space overlooking the water fountain as you have your evening stroll with your friends and families.

Setia Fontaines, with endless nature mindset offers a magnificent 37 acres’ Central Park that promises none other than a healthy yet environmental friendly atmosphere. Bewitched with the various types of greeneries and featured fountains operated on solar power. The Central Park is complemented with a stunning water fountain which filters all sediments from the lake, various disabled friendly facilities and a spectacular 2km jogging path.

In the heart of Setia Fontaines, be dumbfounded with the Setia International Waterfront Centre, whereby ample amenities are available such as Hotels, Medical Centre, Office Buildings, Shopping Malls, International School, Convention Centres, to name a few.

Setia Fontaines is marked to be the next most-searched-for development in Malaysia.

DISCOVERY OF PENANG’S NEW ISLAND

Queensbay Mall, Centre Atrium,(Ground Floor)
2 – 6 October 2019 (Wednesday – Saturday), 10:30am – 10:30pm

NusaCinta @ Setia Fontaines – Launching Soon

NusaCinta is the very First Island Collection of Setia Fontaines. It is also the first freehold Gated and Guarded development in Setia Fontaines. NusaCinta, occupying a total land area of approximately 69 acres, encompasses 489 units of residential homes that comprises both single & double storey Terrace, Link Semi-D, Semi D and Bungalows.

NusaCinta is meticulously designed with the island concept, along with splendid waterway elements and impressive landscapes. Featuring more than 15 facilities, this second phase of residential development of Setia Fontaines has 18% of development dedicated for greenery open space.

Amansara South @ Setia Fontaines – 80% Sold

Amansara South, the first phase of residential development in Setia Fontaines, comprises 394 units of both single and double storey terrace homes. It is one of the most affordably priced landed housing schemes in Seberang Perai with spacious land area of 22ft x 70ft, and a minimum built-up area of 1,336 sq.ft. for the single storey terrace ; and 1,835 sq.ft. for the double storey terrace.

With a starting price of only RM320,000 onwards, Amansara South has received a very good response and achieved a take-up rate of more than 80% since its soft launch in August.

Visit Setia Fontaines Roadshow at Queensbay Mall today to find out more and own a unit of the landed house with only 1% deposit!

The Penang government has given conceptual approval to Tenaga Nasional Berhad (TNB) on its plan to build pylons next to Penang Bridge.

Chief Minister Chow Kon Yeow said the plan was to cater to the power supply demands of the state.

“We are currently discussing with TNB after giving the conceptual approval,” he said at a press conference in Komtar today.

Chow, however, said TNB would have to obtain the planning approval from the two local councils – Penang Island City Council and Seberang Perai City Council.

Concept pictures from Sin Chew Daily

Chow was asked by a reporter for his response following a report in a Chinese daily which stated that pylons as high as 100 metres would be built on the bridge.

On the Budget 2020 wish list for state government, Chow said he hoped that the state’s request for basic infrastructure, airport expansion and flood mitigation project would be taken into account.

The budget is scheduled to be tabled by Finance Minister Lim Guan Eng in Parliament on Oct 11.

Source: Buletin Mutiara

Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo hopes a certain percentage from the upcoming Budget 2020 will be allocated for public amenities, particularly affordable housing.

He said that one of the state government’s main targets was to achieve 180,000 units of affordable housing in Penang, but none of the 102,335 existing units and ongoing projects were built by the Federal government.

He also expressed his disappointment that the Federal Government proposed to scrap the affordable housing development projects such as the 1Malaysia People’s Housing Programme (PR1MA), the National Housing Company (SPNB) and the 1Malaysia Civil Servant Housing Scheme (PPA1M), as it was deemed not cost-effective.

“Unless the Federal Government can agree to either build more affordable houses in Penang or to set aside some percentage of our taxpayer’s money for affordable housing,” he said in his speech during a workshop on affordable housing here today.

He also hoped that the Housing and Local Government Minister Zuraida Kamaruddin would uphold the responsibility of delivering affordable housing to not only Penang, but to all states in Malaysia.

Meanwhile, Jagdeep also hoped that the high rate of loan rejection could be reduced, especially among buyers purchasing low cost (LC) and low-medium cost (LMC) units as their first home.

He said that commercial banks have categorised these first time home-buyers as “high risk” due to their low income.

“It is a catch-22 situation, because we have set the guidelines that people with low incomes are allowed to purchase LC or LMC units,” he said in a press conference, adding that seven out of 10 loans were rejected.

He added that an official letter from the state Chief Minister Chow Kon Yeow regarding the 2020 Budget wish list had been sent to Putrajaya.

The budget would be tabled by Finance Minister Lim Guan Eng on Oct 11.

Source: Bernama.com

Following the introduction of Amansara South, NusaCinta is the second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with musical fountain.

NusaCinta comprises a total of 294 landed residential units, offering a few types of landed houses with built-up size ranging from 1,332 sq.ft. up to 2,943 sq.ft. Indicative price starts from RM420,000 onwards.

Project Name : NusaCinta @ Setia Fontaines
Location : Bertam, Penang
Property Type : Gated and guarded landed houses
Land Tenure: Freehold
Total Units: 294
Built-up Size: 1,332 sq.ft. – 2,943 sq.ft.
Indicative Price: RM420,000 onwards
Developer : S P Setia

Location Map:

SITE PROGRESS

SITE PROGRESS: Nusacinta @ Setia Fontaines (Apr 2024)

SITE PROGRESS: Nusacinta @ Setia Fontaines (Aug 2022)

SITE PROGRESS: Nusacinta @ Setia Fontaines (Mar 2022)

SITE PROGRESS: Nusacinta @ Setia Fontaines (Dec 2021)

SITE PROGRESS: Nusacinta @ Setia Fontaines (July 2021)

The advent of the Covid-19 pandemic has forced many to re-think the importance of buying a low-density home with social distancing in mind. Valencia Residence is a low-density modern home built on a higher vantage, gifted with a breathtaking sea view along the southwest coast of Penang Island. The 64-masterpiece is strategically located within close proximity to Penang International Airport, future LRT links and reclamation of 3 new islands.

Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course and mall. With just a short stroll, you will discover a scenic spot that offers endless play and relaxation along the stretch of sandy beach at Teluk Bayu.

VALENCIA RESIDENCE SHOW UNIT
[View in FULL SCREEN]

This is one of the few development in Penang that received GreenRE silver certification from REHDA, featuring optimized energy and water efficiency with enhanced indoor environmental quality which includes air quality, thermal comfort, acoustic control and daylighting.

Valencia Residence offers a price that is just right with comfort, class and luxury at half the cost of homes in the Gurney area. With a spacious built-up of at least 2,110 sq.ft. and only 64 units, this project is optimally designed for a family-oriented lifestyle. Upgrade option is available to complete your home with elegantly designed functional wet and dry kitchen, making it a perfect open workspace for any occasions.

To find out more details, kindly contact developer at
+6012-704 8060 ( WhatsApp)

Sales Gallery: Aman Setia Group
549, Jalan Masjid Negeri, Jelutong, 11600 Jelutong, Pulau Pinang

Website: www.valenciapenang.com

SITE PROGRESS

SITE PROGRESS: Valencia Residence (Sept 2021)

SITE PROGRESS: Valencia Residence (May 2021)

SITE PROGRESS: Valencia Residence (Aug 2020)