Share
- Set to be completed by early 2030, the units of Setia SV2 carry an indicative price starting from RM969,000.
SHAH ALAM (Dec 30): S P Setia Bhd has launched Setia SV2 located at Lorong Slim, Jelutong on Nov 16, 2025.
With a gross development value (GDV) of RM343 million, the 34-storey, low-density development offers 268 units on a 2.3-acre freehold parcel within the mature and well-connected township of Jelutong, Penang.
Set to be completed by early 2030, the units of Setia SV2 carry an indicative price starting from RM969,000.
“Setia SV2 is designed to meet the evolving needs of the contemporary family. Building on the continuous success of all our previous launches in Penang, we believe there is a strong demand for spacious and flexible layouts paired with smart, sustainable living features in a familiar, thriving neighbourhood,” said S P Setia divisional general manager Datuk Muhamad Zaili Muhammad Yusof in a media release.
He added that the development targets both investors and owner occupiers among young professionals, growing families and multi-generational households.
Setia SV2 has layouts that cater to different life stages. Type A (1,087 sq ft) offers compact yet smart living with flexible spaces suited for singles and young couples.
Meanwhile, Type B (1,421 sq ft) will offer dry and wet kitchens and an expansive balcony for relaxed family living. Type B1 (1,367 sq ft) will feature a versatile 3+1 configuration with foldable glass kitchen windows and barrier-free access, accommodating the evolving needs of growing families.
For those seeking ample space, Type C (1,647 sq ft) offers a spacious balcony, and an accessible design for multi-generational households.
Environmentally conscious elements include solar panels to power common areas and a rainwater harvesting system used for irrigation. The development supports green mobility with dedicated EV charging stations.
Key facilities include the swimming pool, jacuzzi and wading pool, along with leisure options such as a miniature golf area, a multipurpose court and tranquil spaces like the water creek garden and zen garden. Communal amenities include a co-working space, social lounge and a meeting room.
Setia SV2 is connected via major roads such as Jalan Masjid Negeri, Jalan Perak, Jalan Free School and the Jelutong Expressway with seamless routes to George Town and the Penang Bridge.
Residents will enjoy conveniences with nearby schools such as SMJK Heng Ee High School, SMJK Convent Green Lane, Han Chiang High School, SJK © Moh Ghee, SMK Methodist Boys’ School and Penang Free School, markets such as Penang Road Wet
Market and Hamilton Food Market, Jelutong Wet Market, as well as medical centres such as Carl Corrynton Medical Centre and Lam Wah Ee Hospital.
Unlock Malaysia’s shifting industrial map. Track where new housing is emerging as talents converge around I4.0 industrial parks across Peninsular Malaysia. Download the Industrial Special Report now.
