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Setia Sky Vista, Relau

Setia Sky Vista, Relau

S P Setia Bhd Group · Condominium · Freehold · Not stated

From RM 638,000 · 910–1,479 sq ft · 2 bed

  1. 1Price against the areaRM 553+11% vs completed condos
  2. 2The area+16.6%Change in Penang house prices over the four years to Q1 2026
  3. 3Other options at this price8other new launches within 15% of RM 553 per sq ft
  4. 4Cost and risksRM 76,940Cash upfront and RM 2,647 a month after that

Setia Sky Vista is a freehold condominium in Relau, Penang, by S P Setia. The developer has not published a price we can match to a layout. On EdgeProp, a 1,153 sq ft unit has an asking price of RM638,000, about RM553 psf. That is 11% above the NAPIC 2025 median of RM500 psf for completed condos in the Barat Daya district. Checked against the developer's website on · Developer's project page

Location

Relau, Penang

Nearby, as listed by the developer

  • 850m to R.E.A.L Kids Relau
  • 2.1km to Fairview International School Penang
  • 3.2km to INTI International Callege Penang
  • 7.4km to Universiti Sains Malaysia
  • 1.2km to Lebuh Relau Wet Market
  • 4.1km to Sunshine Square
  • 4.1km to Bukit Jambul Complex
  • 7.3km to Queensbay Mall
  • 4.3km to Pantai Hospital Penang
  • 6.7km to Penang International Airport
  • 9.3km to Penang Second Bridge
  • 10.3km to Penang Bridge
All 37 new launches in Penang

1Setia Sky Vista price compared with the area

The developer has not published a price we can match to a layout. On EdgeProp (listed 14 Aug 2026), a 1,153 sq ft unit has an asking price of RM 638,000, about RM 553 per sq ft. That is an agent's asking price. The developer has not confirmed it.

EdgeProp · 14 Aug 2026 · checked 2026-09-29

NAPIC recorded 12 completed condos in the Barat Daya district in 2025. That area includes Relau. Its entry price per sq ft is in the middle half of the prices recorded in the area. New launches usually cost more per sq ft than completed condos nearby.

This launch
RM 553
Desaria (Regency Heights) RM 401Arasia Perdana (The Clovers) RM 431One Imperial Condominium RM 446Imperial Residences RM 472Forestville RM 492Ideal Vision Park @ Tree Sparina RM 496Skycube Residence RM 503Imperial Grande RM 528Fairview Residence RM 551Putra Place Condominium RM 638Muze @ Picc RM 798Queens Residences Q1 @ Queens Waterfront RM 1,150
Middle half of recorded prices: RM 465 – RM 573+11% vs median

See the 12 completed condos NAPIC recorded in the Barat Daya district on the area page.

2The area

Price per sq ft by area in Penang
Completed condos, medianNew launches, medianThis launch RM 553
RM psf
  • Timur LautRM 753 · 11 launchesRM 546
  • Barat DayaRM 556 · 5 launchesRM 500
  • Seberang Perai TengahRM 434 · 6 launchesRM 368
  • Seberang Perai UtaraRM 442 · 1 launchRM 362

NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.

Completed condos in Barat Daya changed -1.2% in price from 2024 to 2025 and -0.7% in the first half of 2026 (NAPIC, median per condo). See the price trend

House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Relau page.

3Other options at this price

Starting price and price per sq ft of each optionHover or tap a dot

↑ Starting price

ProjectEntry psfvs this
ForescapeSeberang PeraiRM 5510%
Goodwood ResidenceBayan LepasRM 556+1%
Pinnacle Bukit GambierBukit GambierRM 547-1%
VersaBatu KawanRM 526-5%
SavanaBatu KawanRM 514-7%
The WaveGeorge TownRM 598+8%
Bukit Bantayan ResidencesKota Kinabalu, SabahRM 5520%
M ZenyaMetropolitan Park, Kuala LumpurRM 5510%

4Cost and risks

Listed asking priceRM 638,000

Buyer

Monthly instalment

RM 2,647

Cash upfront (down payment and stamp duty)

RM 76,940

Down payment
RM 63,800
Stamp duty on the transfer
RM 13,140
Loan amount
RM 574,200
Total interest over the loan
RM 537,439

Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.

Things to check

  • No completion date is published: ask for the vacant possession date and the late-delivery terms in the SPA.
  • In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
Developer
S P Setia Bhd Group
Location
Relau, Penang
Property type
Condominium
Tenure
Freehold
Total units
426
Blocks / towers
2
Storeys
Not stated by the developer
Expected completion
Not stated by the developer

Sky bridge with viewing deck on level 18 · Multi-tiered security system · Resort-inspired facilities

Setia Sky Vista floor plans and photos

Our take

  • The entry price per sq ft is close to the median for completed condos in Relau (+11%).
  • Other new launches at a similar price per sq ft: Forescape (RM 551 psf), Goodwood Residence (RM 556 psf) and Pinnacle Bukit Gambier (RM 547 psf).
  • House prices in Penang rose 16.6% over the last four years.

Other new launches in Penang

More new launches by S P Setia

Setia Sky Vista: common questions

Is Setia Sky Vista freehold or leasehold?

The developer lists it as freehold.

Can foreigners buy Setia Sky Vista?

Penang sets a RM 1,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.

Sources

Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.