Login to PropSocial
Are you an agent? Sign Up Here
Not a Propsocial member? Sign Up
Sign Up with PropSocial
Already a Propsocial member? Login
Setia Avenue is a commercial hub located in the developing township of Setia Alam. The hub is developed by SP Setia, and has 274 units housed amongst 10 blocks of 5-storey buildings. Units here have an average built-up of 9,000 sf.
The commercial centre not only focuses on giving ample space for investors and tenants to work with in their units, it also provides a number of facilities so tenants can still relax and feel safe when at work. There are pedestrian boulevards and alfresco dining areas provided for those who want some fresh air, there are also canopied walkways. A Tesco hypermarket is right next to Setia Avenue, and for convenience sake, there is a direct link to the hypermarket. The commercial centre also has a centralized, two-level, 1,840-bay car park with lift access and escalators, as well as enhanced security with 24-hour security patrol.
Setia Alam may still be developing, but despite being in a rather isolated area, the commercial hub is surrounded by a healthy variety of amenities, with the neighbouring Tesco hypermarket being one of them. Another hypermarket nearby is Giant Klang Sentral, which is only a 5 minutes' drive away. A 6-minute drive brings tenants to another commercial hub with more amenities, especially banks and restaurants. The same area also hosts the Setia Alam Night Market, something tenants can look forward to after a long day at work.
Investors will be encouraged by the fact that the area is surrounded by residential areas, which translate to having a steady flow of profit. There are two educational institutions that are close to Setia Avenue, namely Sekolah Jenis Kebangsaan (Tamil) Setia Alam and the Asia College of Exercise and Sports Medicine, which are 2 minutes' and 6 minutes’ drive away respectively.
There are two major highways easily accessible from the commercial hub. The Setia Alam Highway, which connects the whole of Setia Alam to places like Shah Alam, as well as the New Klang Valley Expressway (NKVE) which is just 4 minutes away. The Federal Highway, which connects Setia Avenue to Klang, Setia Alam, Subang, Jaya, Petaling Jaya and Kuala Lumpur, is only 6 minutes away by car. The ease of access from these major highways will be one main attraction point for investors who are looking to invest in a unit in Setia Alam.
No articles available for this property.
Would you like to see our Articles page instead?
CLICK HERE TO USE MAP
Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Setia Avenue | 0 |
RM251,000
-
RM2,850,000
RM 185 psf - RM 836 psf |
RM1,800 - RM1,800 | NIL | 0.19 % |
The Galleria | 2014 | From RM2,300,000 | RM2,000 - RM2,500 | NIL | NIL |
Axillaris | Aug 2011 |
RM810,000
-
RM810,000
RM 310 psf - RM 310 psf |
NIL | NIL | NIL |
Klang Sentral Commercial Centre | June 2008 |
RM260,000
-
RM2,000,000
RM 131 psf - RM 625 psf |
RM1,500 - RM4,500 | NIL | 3.19 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 138,000 |
Loan Amount ( 90 %) | RM 1,242,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Setia Avenue? Fill in your details and we will get right back to you!