Setia SV2
Setia SV2 | Jelutong | Freehold 34-Storey Family Condominium
In short
Setia SV2 is a high rise condominium in Georgetown, Penang by Setia. The development holds 268 units, 34 storeys, 2+1 to 3+1 bedroom layouts, built-ups from 1,087 to 1,647 sq ft. The land is freehold, completion is set for Mar 2030.
About Setia SV2
Setia SV2 is being built in Georgetown, Penang, on a site of 2.3 acres. The scheme runs to 1 tower, 268 homes, 34 floors, 10 units to a floor.
There are 11 layouts on offer covering 2+1 to 3+1 bedrooms between 1,087 and 1,647 sq ft. It gives Setia SV2 a mix rather than a single repeated plan.
Setia SV2 is developed by Setia on freehold land. The land usage is classified as residential.
The numbers behind it: 34 storeys at 10 units each, 3 + 1 fire lift serving them, a site of 2.3 acres, a residential land title.
Unit types
Get the floor plans →Setia SV2 is released in 11 layouts from 1,087 to 1,647 sq ft. The entry plan is Type A at 1,087 sq ft with 2+1 bedrooms. The largest is Type C at 1,647 sq ft running to 3+1 bedrooms.
| Layout | Rooms | Size |
|---|---|---|
| A | 2+1 bed · 2 bath | 1,087 sq ft |
| A1 | 2+1 bed · 2 bath | 1,087 sq ft |
| B1 | 3+1 bed · 2 bath | 1,367 sq ft |
| B2 | 3+1 bed · 2 bath | 1,367 sq ft |
| B | 3 bed · 2 bath | 1,421 sq ft |
| B3 | 3 bed · 2 bath | 1,421 sq ft |
| C | 3+1 bed · 3 bath | 1,647 sq ft |
| C1 | 3+1 bed · 3 bath | 1,647 sq ft |
| C2 | 3+1 bed · 3 bath | 1,647 sq ft |
| C3 | 3+1 bed · 3 bath | 1,647 sq ft |
| C4 | 3+1 bed · 3 bath | 1,647 sq ft |
Floor plans
Ask for full resolution →
01Floor Plan 01269 sq ft3+1 bed · 3 bathClick to enlarge
02Floor Plan 02269 sq ft3+1 bed · 3 bathClick to enlarge
03Floor Plan 03549 sq ft3 bed · 2 bathClick to enlarge
04Floor Plan 041,087 sq ft2+1 bed · 2 bathClick to enlarge
05Floor Plan 051,367 sq ft3+1 bed · 2 bathClick to enlarge
06Floor Plan 061,367 sq ft3+1 bed · 2 bathClick to enlarge
07Floor Plan 071,421 sq ft3 bed · 2 bathClick to enlarge
08Floor Plan 081,647 sq ft3+1 bed · 3 bathClick to enlarge
09Floor Plan 091,647 sq ft3+1 bed · 3 bathClick to enlargeGallery
9 artist impressions
Why buyers take it
4 lifts for 268 homes. About 67 homes to a lift. Lift provisioning cannot be added to a finished building, and it is what the queue at 8am comes down to.
11 layouts to choose from. Enough that the floor plan can be matched to how you actually live rather than the other way round — worth walking more than one before deciding.
268 homes on 2.3 acres. That is about 117 to the acre. Density is fixed at construction — it is the one thing about a building that no amount of renovation or management can change later.
Nothing smaller than 1,087 sq ft. The smallest layout here is larger than most new stock's largest. Floor area is the one thing a renovation cannot add, and it is what decides whether a third bedroom is a room or a study.
Held on a residential title. Assessment and utility tariffs follow the residential schedule rather than the commercial one. On a monthly bill that gap is real, and a lot of new stock cannot offer it.
Why some walk away
32 shared facilities to maintain. Every one of them is cleaned, staffed, insured and eventually replaced out of the monthly charge. Ask for the rate per square foot and multiply it by the layout you are looking at.
It is not built yet. What you are buying is a drawing and a delivery date. Completion is set for Mar 2030, and dates set by developers move. Read the sale and purchase agreement on the liquidated damages clause, not the brochure.
Every figure on this page comes from the developer. Unit counts, built-ups, distances and completion dates are as published by the developer or its appointed agents, and none of it is independently verified. Check anything you intend to rely on against the sale and purchase agreement.
Project details
| Handover | Mar 2030 |
|---|---|
| Title | Freehold · Residential |
| Building | High Rise Condominium |
| Homes | 268 |
| Storeys | 34 |
| Blocks | 1 |
| Homes per floor | 10 |
| Lifts per floor | 3 + 1 fire lift |
| Site | 2.3 acres |
| Address | Lorong Slim, Jelutong, George Town, Penang |
| Built by | Setia |
What it costs a month
Full calculator →Starting price RM 1,069,916, at a 90% margin over 35 years at 3.7%. Change any figure and the instalment follows.
An indication only. The starting price moves with each release, and a floating rate moves with the OPR.
Facilities
Setia SV2 carries 32 facilities on the shared levels including BBQ area, Changing room, Co-working space, Full-moon and half-moon seating, Game room. The full list is set out below.
Location
Setia SV2 is located in Georgetown, Penang at Lorong Slim, Jelutong, George Town, Penang.
The address does a lot of the work at Setia SV2. Within reach are 1 to 5.3 km, airport, also on the developer's map and within 1 km.
- Batu Lanchang Wet Market - 2.2 km
- Chung Ling High School
- Georgetown Specialist Hospital
- Hamilton Food Market - 750 m
- Han Chiang University College
- Heng Ee High School - 750 m
- Jelutong Wet Market
- Klinik Kesihatan Jalan Perak - 600 m
- Lam Wah Ee Hospital - 2.4 km
- Lebuhraya Tun Dr Lim Chong Eu
- Lotus's E-Gate - 5.3 km
- Penang Free School
Developer: Setia
Setia SV2, answered
What is the land tenure of Setia SV2?
Freehold — Setia SV2 sits on a residential land title.
Which layouts and sizes does Setia SV2 come in?
11 layouts, 1,087 to 1,647 sq ft: 1,087 sq ft (Type A), 1,087 sq ft (Type A1), 1,367 sq ft (Type B1), 1,367 sq ft (Type B2).
How many homes are there in Setia SV2?
268 homes over 34 storeys, 10 to a floor.
When is Setia SV2 due to complete?
The developer's target is Mar 2030. Handover can move with construction progress, so check the date in the SPA.
Which developer is behind Setia SV2?
It is a Setia project.
What is the address of Setia SV2?
The address on record is Lorong Slim, Jelutong, George Town, Penang.
How much is Setia SV2?
From RM1,069,916 for built-ups from 1,087 sq ft — the developer's indicative list price. Ask us for the current price list, which moves with each release.
How do I get the floor plans for Setia SV2?
Ask on WhatsApp. We send every floor plan for Setia SV2 with the developer's current price list and the units still open, at no cost to you.
Something here not answered?Ask about Setia SV2 on WhatsApp →
Guides worth reading before you decide
George Town: eight freehold towers, and the widest corridor spread on this site
The George Town market this sits in.
What completes in 2029, 2030 and 2031
Handover is years out. Everything else on this site landing in the same window.
Freehold vs leasehold, and what it changes for you
Freehold on a residential title — the combination that costs least to run.
Penang island or mainland: the same budget, four times the floor area
What the same budget buys on the other side of the channel.
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Floor plans, current price list, unit availability.
Ask about Setia SV2 and it comes back the same day.