SETIA V RESIDENCES

SETIA V RESIDENCES in Timur Laut, Penang recorded 34 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 3.54 million and a median price per square foot (PSF) of RM 1,454.

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 3.54 million, with most transactions falling within a stable range of RM 1.27 million to RM 5.80 million, and a typical market range of RM 1.51 million to RM 5.56 million.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 1,454, though individual units vary from RM 902 to RM 2,006 in the core range. The broader market spans RM 1,247.25 to RM 1,660.75, indicating diverse property characteristics. A wider spread (IQR: RM 413.50) and deviation (MAD: RM 552) 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. Moderate transaction volume may require patience when buying or selling.