Setia Alam Starter Homes snapped up on launch day

PETALING JAYA (Feb 1): All allocated units of Careya terraced houses — the first of S P Setia Bhd’s Starter Homes series in its 2,525-acre Setia Alam township — were sold out on the day it was launched, said the developer in a statement today.

Buyers had queued up at the launch venue as early as the night before the project was unveiled on Wednesday (Jan 31), it added.

“With only two parcels allocated for the Starter Homes series in Setia Alam, these limited editions homes were well received as expected,” said S P Setia.

Careya comprises 93 units of 20ft by 65ft 2-storey terraced homes with built-ups from 1,677 sq ft that are designed to maximise usable space.

Every home comes with an eight-foot backyard prepped for future renovation and extension works as foundation and slabs have been laid; in the interim, it serves as a drying area.

Prices start from RM585,000, translating into a GDV of RM58 million.

“The objective of the Starter Homes series is to give both first-time buyers and those looking to upgrade the chance to own a freehold landed residence in a thriving community, usually only found in new developments located far off from central Kuala Lumpur or Petaling Jaya,” said Bandar Setia Alam Sdn Bhd general manager Tan Siow Chung.

“Setia’s Starter Homes series is definitely something that has not been seen for many years in the local real estate scene.

“It is certainly an underserved market in Setia Alam and with manageable built-ups that come with either three or four bedrooms plus three bathrooms, it is very affordable to purchase and maintain,” he added.

Careya will be surrounded by perimeter fencing and natural barriers of hedges and streams, where the single entry and exit point is monitored by security guards.

To facilitate homeownership, S P Setia is also providing a promotional package with a 36-month Easy Payment Plan during which the developer will absorb the interest fees.

Tan added that the next phase of the Starter Homes series will feature 18ft x 65ft 2-storey homes.