Developer SP Setia launching condo units and semi-detached homes this year

SP Setia Bhd senior manager (planning) Irene Ooi Ai Ling (centre) giving a briefing on a new project. With her are Ng (left) and SP Setia Property sales and marketing senior manager Susie Loh.

RENOWNED developer SP Setia Bhd is launching two new projects in Penang this year.

They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara.

Solok Slim consists of two 33-storey condominium blocks with a total of 550 units on a 2.15ha plot of freehold land.

The project to be launched in May offers units with a built-up area of between 1,036sq ft to 1,424sq ft with a price tag of RM750psf.

SP Setia general manager (north) Ng Han Seong said the project was strategically located within the established town-ship of Jelutong with access to schools and colleges.

Speaking during a project briefing on Tuesday at the Setia Welcome Centre, SPICE in Bayan Baru, he said Solok Slim had a residence club and podium facilities including a guest lounge, multi- purpose hall, games room, kids’ playroom, gymnasium, reading room, sauna, pools and Jacuzzi.

Residents can also enjoy the use of a landscaped garden terrace, children’s playground, pre-function area, spice community garden, barbecue/party deck, basketball court, multipurpose court, yoga/ taichi deck, jogging track, water courtyard and outdoor dining pavilion.

Ng said the project had a gross development value of RM450mil.

The landscape, designed by an award-winning architect from Singapore, will have 112 different species of plants.

As for Isle of Palm, it is within a guarded community in Setia Pearl Island. It is a low-density development with only 30 three-storey semi-detached units.

Each of the homes comes with a land area from 2,880sq ft to 8,148sq ft and a built-up area from 2,155sq ft to 3,795sq ft.

The project, which has a GDV of RM70mil, has 17 designs for selection and the sales launch is set for March.