Allure Double Storey Superlink Homes @ Amansara North, Setia Fontaines, Penang
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Kepala Batas, Penang
Type
Townhouse
Price
RM708k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: RM708,000 entry price is competitive for freehold double-storey townhouses in Penang's mid-range segment, offering reasonable value relative to built-up area and tenure, though affordability depends on individual financial capacity and comparable projects in the vicinity.
- •**Location & Connectivity**: Kepala Batas location provides accessibility via major road networks (North-South Expressway proximity) but lacks direct MRT connectivity, limiting public transport options; proximity to Setia Fontaines amenities is a positive, though commuters to George Town or other urban centers may face longer travel times.
- •**Risk & Timing**: Primary risks include unspecified completion timeline creating uncertainty for buyers, potential construction delays common in the sector, and market absorption rates in a suburban location; early-bird pricing may offset timing risk, but purchase decisions should account for extended holding periods and financing implications.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 36% above area median — premium pricing
Is this project priced fairly?
Pulau Pinang — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM470,000 | — |
| 2022 | RM482,000 | +2.6% |
| 2023 | RM495,000 | +2.7% |
| 2024 | RM508,000 | +2.6% |
| 2025 | RM520,000 | +2.4% |
Est. Monthly Rental
RM2,500–3,400
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Area Price Trend
+10.6%
Verified data 2021–2025
Price-to-Income
9.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Penang
Median Household Income
RM6,502/mo
DOSM 2022
Mean Household Income
RM8,267/mo
DOSM 2022
Households Above RM8k
~37%
Estimated for Penang
Similar projects in Penang
| Project | Location | Price From | Status |
|---|---|---|---|
| Tropicana Bay Residences @ Bayan Lepas Tropicana Corporation | Gelugor | RM360k | Completed |
| Havana Beach Residences @ Bayan Lepas, Penang | Bayan Lepas | RM408k | Recently Completed |
| M Zenya Mah Sing Group | Kepong | RM420k | Under Construction |
Why Consider
- • Freehold tenure ensures full ownership and long-term value appreciation
- • SP Setia developer guarantees quality construction and after-sales service
- • Strategic Kepala Batas location offers affordable living near Penang
- • Superlink design maximizes space efficiency for growing families affordably
- • Setia Fontaines established township provides amenities and community infrastructure
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.