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 |
|---|
|
Level 23
|
RM 620,000
|
RM 484
|
1,281 sqft
|
|
|
|
Level 23
|
RM 680,000
|
RM 531
|
1,281 sqft
|
|
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Market Snapshot
ResidentialRM 620,000
RM 511 psfMedian transaction price
22, Changkat Sungai Ara 6, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSetia Pinnacle in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 620K and a median price per square foot (PSF) of RM 511.
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 620K, with most transactions falling within a stable range of RM 567K to RM 673K, and a typical market range of RM 553K to RM 680K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 511, with most transactions between RM 492 and RM 530. The usual range is RM 484.47 to RM 537.47, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 19, 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.