SETIA SKY VISTA in Barat Daya, Penang recorded 13 subsale transactions in 2022, with a median price of RM 770K and a median price per square foot (PSF) of RM 774.
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 770K, with most transactions falling within a stable range of RM 644K to RM 896K, and a typical market range of RM 636K to RM 904K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 774, with core pricing between RM 662 and RM 886. Market pricing typically extends from RM 639.75 to RM 908.25, reflecting moderate variation in unit pricing. With an IQR of RM 268.50 and MAD of RM 112, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.