The Edge Markets

S P Setia’s Altora achieves 85% take-up; Phase 2A to launch in November

KUALA LUMPUR (Nov 4): S P Setia Bhd’s Altora, which was launched on Oct 15, has achieved a take-up rate of 85% while Phase 2A will be launched by the end of November. These are the first two phases of Musika Homes, the developer’s last double-storey terrace collection in Setia Alam.

In a press release on Friday (Nov 4), S P Setia divisional manager Tan Siow Chung said: “We are excited to launch the music-inspired Musika Homes as it is the last collection of double-storey terrace homes for Setia Alam. With the success seen for the previous Bywater Homes collection, which has been fully sold, we are positive that this collection will be well received by home buyers looking to move into this area from Meru, Bukit Tinggi, Kapar and Shah Alam. We have also received good responses from those living in urban areas of Damansara, Petaling Jaya, Subang and Puchong.”

Altora offers 114 units of double-storey terraces with four bedrooms and four bathrooms. The homes have built-ups ranging from 2,298 to 2,520 sq ft, land area of 22ft by 75ft and a 5ft open yard. The homes have selling prices that start from RM963,000 to RM1.34 million.

Units in Altora have open wet and dry kitchens and the flexibility of converting a room into a workspace on the ground floor. The master bedroom also has a private balcony and a customisable closet space.

Phase 2A will have 120 double-storey terraces with built-ups similar to Altora. Details on the built-ups, land area and selling prices are still being finalised.

Facilities in Musika Homes include outdoor recreational spaces, the music-themed gardens, Musical Note Pavilion and Piano Plaza with jogging tracks and resting areas.

Musika Homes in Setia Alam has an estimated gross development value of RM463 million and will have four phases with 436 units of double-storey terrace homes in total. It is located 10 minutes away from Setia City where amenities such as Setia City Mall, medical centres, education institutions are within a 5km radius. It is also accessible via highways including the New Klang Valley Expressway (NKVE), Federal Highway, West Coast Expressway (WCE) and the newly opened Damansara-Shah Alam Elevated Highway (DASH).