Setia V Residences
Lorong Burma, 10250 George Town, Pulau Pinang, Malaysia
Lorong Burma, 10250 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 15
|
RM 3,884,000
|
RM 1,426
|
2,723 sqft
|
|
Condo |
|
Level 34
|
RM 5,906,000
|
RM 1,528
|
3,864 sqft
|
|
Condo |
|
Level 27
|
RM 73,000
|
RM 104
|
700 sqft
|
|
Condo |
|
Level 28
|
RM 2,120,000
|
RM 1,145
|
1,851 sqft
|
|
Condo |
|
Level 31
|
RM 73,000
|
RM 104
|
700 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 2,120,000
RM 1,145 psfMedian transaction price
Lorong Burma, 10250 George Town, Pulau Pinang, Malaysia
MapsSetia V Residences in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 2.12 million and a median price per square foot (PSF) of RM 1,145.
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 2.12 million, with most transactions falling within a stable range of RM 73K to RM 4.37 million, and a typical market range of RM 118K to RM 4.12 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 1,145, though individual units vary from RM 514 to RM 1,776 in the core range. The broader market spans RM 940.59 to RM 1,349.59, indicating diverse property characteristics. A wider spread (IQR: RM 409.00) and deviation (MAD: RM 631) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.