Setia Pinnacle
22, Changkat Sungai Ara 6, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
22, Changkat Sungai Ara 6, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 18
|
RM 825,000
|
RM 555
|
1,485 sqft
|
|
Condo |
|
Level 19
|
RM 735,000
|
RM 574
|
1,281 sqft
|
|
Condo |
|
Level 26
|
RM 770,000
|
RM 518
|
1,485 sqft
|
|
Condo |
|
Level 21
|
RM 635,000
|
RM 590
|
1,076 sqft
|
|
Condo |
|
Level 29
|
RM 668,000
|
RM 522
|
1,281 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 735,000
RM 555 psfMedian transaction price
22, Changkat Sungai Ara 6, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSetia Pinnacle in Barat Daya, Penang recorded 5 subsale transactions in 2024, with a median price of RM 735K and a median price per square foot (PSF) of RM 555.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 735K, with most transactions falling within a stable range of RM 667K to RM 804K, and a typical market range of RM 668K to RM 802K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 555, with most transactions between RM 527 and RM 584. The usual range is RM 528.90 to RM 581.90, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.