My Property Deals by Scott Seow

My Property Deals

Setia Greens Casa Rica – SP Setia

casa rica penang - contact Scott for more info +6011-1098 4066

Casa Rica Setia Greens Sungai Ara

Setia Casa Rica Penang For Sale

You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Casa Rica Setia Green.

Table of Contents

Where is Setia Greens LOCATION

Setia Greens Phase 2 location - contact Scott for more info +6011-1098 4066

If you need help to let (rent) or to sell your property please click here or WhatsApp us

Who is the developer? – SP Setia

SP Setia
SP Setia

Casa Rica @ Setia Greens, an upcoming luxury landed residence by Kewira Jaya Sdn. Bhd. (a subsidiary of S P Setia Bhd.) at Setia Greens in Sungai Ara. It will be located along Changkat Sungai Ara 6, adjacent to Setia Pinnacle condominium and Phase 1 of Setia Greens guarded communities

Casa Rica by SP Setia is strategically located at the vibrant and bustling township of Bayan Lepas.

Sitting atop the highest point of Setia Green township, this low-density development is a Spanish-inspired residential enclave comprising two and three-storey semi-detached homes and each of these design types sits on different levels of the terrain, creating a fascinating building silhouette and offers an unobstructed view of the Sungai Ara township backed by the lush green hills. It is surrounded by established neighborhood where conveniences and essential amenities are just a stone’s throw away.
 
Its vantage point on elevated ground allows its residents to enjoy a panoramic view of the cityscape of Bayan Lepas.

Key Features / Summary of Casa Rica Setia Greens

Property Type of Casa Rica Setia Greens

Casa Rica Setia Green comes with 2 and 3 storey semi-Detached landed house

Tenure of Casa Rica Setia Greens

Casa Rica Setia Green at Sungai Ara, Bayan Lepas is a FREEHOLD property

Developer of Casa Rica Setia Greens

SP Setia

Built up / Size of Casa Rica Setia Greens

2-storey semi-detached with built-up area ranging from 2,874 sq. ft. to 3,046 sq. ft. with 4 +1 bedrooms and 5 bathrooms.

3-storey semi-detached with built-up area ranging from 3,512 sq. ft. to 3,573 sq. ft. with 5 +1 bedrooms and a built-in private elevator.

Date of completion of Casa Rica Setia Greens

Estimated 2024 - 2025

Total Units

Approximately 60

More About Casa Rica Setia Greens Sungai Ara

Meaning a ‘rich home’ in English, Casa Rica certainly lives up to its name, offering that richness in life from the comfort of a luxurious enclave, surrounded by lush greenery to be enjoyed by you and your family.

Featuring only 60 units of 2-storey and 3-storey Semi-detached homes infused by Spanish architecture design, Casa Rica Setia Green is a low-density residential development that consists of four unique designs with functional & practical layouts.

The 2-storey semi-detached home has a built-up area ranging from 2,874 sq. ft. to 3,046 sq. ft. and offers 4 +1 bedrooms and 5 bathrooms. The 3-storey semi-detached home has a built-up area ranging from 3,512 sq. ft. to 3,573 sq. ft. and offers 5 +1 bedrooms and it comes with a built-in private elevator.

These semi-detached homes features the exotic Spanish design profile roof tiles complete with arched and bay windows.

The 4.5 ha (11-acre) residential enclave is surrounded by lush greenery consisting of three Spanish-themed parks – Casa Rica Garden, Casa Rica Terrace Garden and De’Alhambra Garden

Casa Rica layout

casa rica penang - contact Scott for more info +6011-1098 4066
casa rica floor plan - contact Scott for more info +6011-1098 4066

Type 1 Verde 3 Storey Semi-Detached

  • 5+1 Bedrooms
  • 6 Bathrooms
setia casa rica - contact Scott for more info +6011-1098 4066
casa rica layout- contact Scott for more info +6011-1098 4066

Type A3 @ 2,624 Sq Ft

  • 5+1 Bedrooms
  • 6 Bathrooms
casa rica sp setia - contact Scott for more info +6011-1098 4066
casa rica setia layout - contact Scott for more info +6011-1098 4066

Type 4A Estrella

  • 4+1 Bedrooms
  • 5 Bathrooms
casa rica setia green - contact Scott for more info +6011-1098 4066
casa rica setia floor plan - contact Scott for more info +6011-1098 4066

Type 4B Jardin

  • 4+1 Bedrooms
  • 5 Bathrooms

Casa Rica Setia Greens unit for sale

Unsure of which one to choose? Talk to Us

3 Storey Semi-Detached

RM 2,119,000+
  • 5+1 Bedrooms
  • 6 Bathrooms
Popular

2 Storey Semi-Detached

RM 1,800,000+
  • 4+1 Bedrooms
  • 5+1 Bathrooms

Casa Rica Setia Greens Full review

Is Casa Rica Setia Greens a Good Buy ?

Our Analysis / Opinion

Own Stay Purpose

4/5

Is Casa Rica Setia Greens a good place to stay? Well, if you travel frequent in and out of Penang Island by driving or you’re working around FIZ / FTZ area then it should be a great spot for you and small sarcasm would be with SP Setia quality you also get a Semi-Detached landed property here from RM 1.8m onward, which is way above Setia Green phase 1.

Anyhow, surrounding would be Chinese community and it’s a convenient place to stay with a lots of food choices and wet market within short travelling distance.

Investment

3/5

Not saying that SP Setia project or this particular Casa Rica is not a good investment but I think it’s not really a good investment for you if you plan to buy and flip it right after OC / CCC due to recent economy and property down trend.

To be honest I wouldn’t say it’s a down trend just that price maintained. If you plan to buy Casa Rica for your own usage / own use purpose and with some hedging against inflation elements then it’s ok.

Return on Investment ROI

3/5

Currently the Setia Greens phase 1 rental rate would be around Rm 1,800 to RM 2,000+/- and it’s really not a good ROI in terms of rental rate if you plan to buy and rent it out and in fact not much people would actually buy landed property and rent them out in Penang Island.

Rental & Cash Flow

0/5

How easy to sell in the future ?

3/5

It’s never a difficult job to sell a landed property but it is a difficult job to sell it at profit in this very moment of December 2021 and of course next few years.

Others

3.5/5

This is not a gated and guarded strata title property for Casa Rica and the same at phase 1. This is only a guarded development and good side is you can renovate and change the outlook and painting as you wish

Personal Preferences

3.5/5

I like the environment of Setia Greens however it’s a little bit “deep” inside for me but it’s really good landscape and quality offerred by SP Setia.

Get e-brochure for Casa Rica Setia Greens

Disclaimer:
  • I do not represent SP Setia nor the above comments from SP Setia and these are all my personal opinion and comments
  • Agents are not allowed to sell this particular project temporarily as at December 2021. Hence any enquiry or if you need help for this project I will pass you directly to SP Setia staff
  • the price listed here might not be final and subject to update from time to time by SP Setia, please refer with wisely
  • Setia Green Casa Rica update

    December 2021

    setia green - contact Scott for more info +6011-1098 4066

    Welcome to share with us any new photos / latest update

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