Setia Sky Residences, Jalan Tun Razak: Freehold KLCC Views, Prices, Rents and a 5.1% Yield in 2026
AI-generated artist's impression- 4 towersFreehold, 40 storeys each, S P Setia's first KL luxury high-rise
- RM871 psfMedian transacted, 12 months to Jan 2025 (Property Genie)
- ~4.7-5.1%Gross yield: asking rent vs asking price, 2-bed units
Setia Sky Residences is asking roughly RM740 - 850 psf for resale units in October 2026, against a median transacted price of about RM871 psf recorded by Property Genie in the year to January 2025, and asking rents imply gross yields of about 4.7 - 5.1%. It is the most accessible way into a freehold tower with a KLCC skyline view: four 40-storey towers on Jalan Tun Razak, S P Setia’s first luxury high-rise in Kuala Lumpur.
Key facts: 811 freehold residences across four towers; an MRT station about 270 metres from the gate; and a 969 sq ft unit asking RM750,000 against a rent of RM3,200 a month, a gross yield of about 5.1%.
The residence
| Address | Jalan Tun Razak, at the junction with Jalan Raja Muda Abdul Aziz, Kuala Lumpur |
| Developer | Exceljade Sdn Bhd, 70% owned by S P Setia at launch (2009) |
| Towers | Four: Alia, Boheme, Celeste and Divina, 40 storeys each |
| Residences | 811 |
| Tenure | Freehold, on a site of about 2.4 hectares |
| Launch | 2008 - 2009, at RM680 - 930 psf |
| Typical sizes | About 600 sq ft one-bedrooms to 1,755 sq ft |
| Launch maintenance fee | 45 sen psf including sinking fund (2009) |
The project was sold tower by tower. In December 2011, the final tower, Divina, was re-planned because larger units were selling more slowly.
Designed around the view
About 70% of units face KLCC, with the rest overlooking the pool deck or Titiwangsa. The curved towers were designed around that outlook. For buyers who wants the Petronas Twin Towers on the skyline without paying RM2,000 psf or more, this is one of the few freehold options on Jalan Tun Razak.
Resort facilities in the sky
S P Setia placed a 40,000 sq ft Sky Deck on top of the five-storey car park annexe, with a 50-metre lap pool, a spa garden and a barbecue area. A Sky Club on Level 34 joins the towers by a sky bridge and adds an infinity pool, a gym, tea and yoga pavilions, and private function rooms. Few city towers of this vintage offer facilities on this scale.
The address
The Putrajaya Line now runs past the gate. Raja Uda MRT station is about 270 metres away, a one to three minute walk, and KLCC is about 1.5 km south.
The National Heart Institute (IJN), Hospital Kuala Lumpur and the National Library are close by, as are the Royal Selangor Golf Club and the Titiwangsa Lake Gardens. Prince Court Medical Centre and Gleneagles Hospital Kuala Lumpur are a short drive away.
The numbers: what it costs today
Resale asking prices in July - October 2026, from public listings:
| Layout | Size | Asking price | Asking psf | Listing |
|---|---|---|---|---|
| 2 bedrooms | 969 sq ft | RM750,000 | RM774 | iProperty |
| 2+1 bedrooms | 1,055 sq ft | RM870,000 | RM825 | EdgeProp, 15 Sep 2026 |
| 2 bedrooms | 1,227 sq ft | RM925,000 | RM754 | EdgeProp, 17 Oct 2026 |
| 2+1 bedrooms | 1,281 sq ft | RM950,000 - 1.09M | RM742 - 851 | iProperty, EdgeProp |
| 3+1 bedrooms | 1,485 sq ft | about RM1.1M | RM741 | iProperty, July 2026 |
PropertyGuru shows a wider asking range of RM647 - 1,294 psf across all listings. On transacted prices, Property Genie records a median of about RM871 psf and RM1.0 million from 11 deals in the 12 months to January 2025.
Two observations:
- Asking prices sit at or slightly below the last recorded median. Resale buyers negotiate from choice.
- The price is close to launch level. Seventeen years after a RM680 - 930 psf launch, values have moved little in psf terms, which is exactly why the entry ticket remains under RM1 million.
Rents and yield
Asking rents in mid-2026:
| Layout | Size | Asking rent per month | Listing |
|---|---|---|---|
| 1 bedroom | 600 sq ft | RM2,300 | PropertyGuru, 3 Aug 2026 |
| 2 bedrooms | 969 sq ft | RM3,200 | iProperty, 30 Jun 2026 |
| 2+1 bedrooms | 1,281 sq ft | RM3,700 | PropertyGuru, Aug 2026 |
| 3+1 bedrooms | 1,378 sq ft | RM4,900 | Mudah, July 2026 |
Working the gross yield on asking figures:
- 969 sq ft: RM3,200 x 12 = RM38,400, divided by an asking price of RM750,000 = about 5.1% gross.
- 1,281 sq ft: RM3,700 x 12 = RM44,400, divided by RM950,000 = about 4.7% gross, or about 4.1% against the RM1.09 million asking price.
- Against the transacted median of RM871 psf, the same units yield about 4.5% (969 sq ft) and 4.0% (1,281 sq ft).
The headline figures are gross, asking rent vs asking price, before maintenance, furnishing, vacancy and tax.
How it compares with TRX
Setia Sky Residences offers a freehold title and a KLCC view at a low entry price. Tun Razak Exchange, further south on the same Jalan Tun Razak, sits at the other end of the market. TRX is the only district in Kuala Lumpur with an MRT Line 1 and Line 2 interchange inside it, built around a 10-acre rooftop park and an office base of about 30,000 workers.
TRX Residences has a median of about RM2,265 psf, with asking-rent yields of around 5%. That is a similar yield from a newer, master-planned address with a stronger resale story. Read why TRX is Kuala Lumpur’s new prime address for the full case, and see new launches in KLCC, new launches in TRX and luxury housing in Kuala Lumpur 2026.
Our KL vs Asia radius maps show that RM5 million buys about 3,043 sq ft near KLCC, against 372 sq ft in Hong Kong, 665 in Singapore and 699 in Tokyo.
What to weigh
- Unit sizes are modest. The largest standard layouts are about 1,755 sq ft, sized for couples and young families.
- Density is high. The first towers have six units per floor, and the project holds more than 800 homes.
- Capital values have been steady. Psf prices remain close to launch levels; the case here is income and entry price.
- A building past its first decade. Sinking fund health and lift and pool upkeep shape value.
Our view
Setia Sky Residences is an income address, and a good one. Freehold, a Twin Towers outlook and an MRT station at the gate, for under RM1 million, is rare on Jalan Tun Razak.
It is not a trophy. The 969 sq ft layout, at about 5.1% gross, is the one to own; buyers seeking larger homes and growth should look south to TRX.
Frequently asked questions
Who developed Setia Sky Residences?
S P Setia, through Exceljade Sdn Bhd, which was 70% owned by S P Setia at launch. It was the group’s first luxury high-rise in Kuala Lumpur.
Is Setia Sky Residences freehold?
Yes. Setia Sky Residences is freehold, on a site of about 2.4 hectares.
How much does a unit at Setia Sky Residences cost?
In mid to late 2026, asking prices run from about RM750,000 for 969 sq ft to around RM1.1 million for 1,485 sq ft, mostly RM740 - 850 psf. Property Genie recorded a median transacted price of about RM871 psf in the year to January 2025.
What is the rental yield at Setia Sky Residences?
About 4.7 - 5.1% gross, on asking rents of RM3,200 - 3,700 a month for two-bedroom units against asking prices, before costs.
Which MRT station is nearest to Setia Sky Residences?
Raja Uda station on the MRT Putrajaya Line, about 270 metres away.
Register for a private viewing
If you want a luxury residence in Kuala Lumpur with larger homes and a master-planned address, we are arranging private previews of a new private residence launching in TRX in Q4 2026. Register for a private viewing to receive details first.
This article is general market information, not investment advice. Asking prices and rents are from public listings dated June to October 2026 and may change; transacted figures are from the sources listed.
Cover: Setia Sky Residences on Jalan Tun Razak at dusk. AI-generated artist's impression.