Penang
Timur Laut
Georgetown
SETIA V RESIDENCES

SETIA V RESIDENCES

Area Intelligence

2023

Median Price

RM 4,937,000

PSF: RM 1,501

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Residential PSF Trends

Median Price

RM 4,937,000

PSF: RM 1,501

SETIA V RESIDENCES in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 4.94 million and a median price per square foot (PSF) of RM 1,501.

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 4.94 million, with most transactions falling within a stable range of RM 3.24 million to RM 5.85 million, and a typical market range of RM 2.91 million to RM 5.85 million.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 1,501, with core pricing between RM 1,305 and RM 1,696. Market pricing typically extends from RM 1,293.75 to RM 1,707.25, reflecting moderate variation in unit pricing. With an IQR of RM 413.50 and MAD of RM 196, the PSF demonstrates reasonable consistency across the market.

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.

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SETIA V RESIDENCES, Timur Laut, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,350 sqft

Condo/Apartment

1,350 sqft

Condo/Apartment

RM 1,700,000

Level 23

1,367 sqft · RM 1,244 PSF

Oct 2023

Level 23

RM 1,700,000

RM 1,244

1,367 sqft

Oct 2023

1,450 sqft

Condo/Apartment

1,450 sqft

Condo/Apartment

RM 2,385,000

Level 27

1,453 sqft · RM 1,641 PSF

Jun 2023

Level 27

RM 2,385,000

RM 1,641

1,453 sqft

Jun 2023

3,850 sqft

Condo/Apartment

3,850 sqft

Condo/Apartment

RM 5,774,000

Level 23

3,864 sqft · RM 1,494 PSF

Oct 2023

RM 4,100,000

Level 41

3,864 sqft · RM 1,061 PSF

Sep 2023

RM 5,822,000

Level 27

3,864 sqft · RM 1,507 PSF

Mar 2023

RM 5,846,000

Level 29

3,864 sqft · RM 1,513 PSF

Mar 2023

Level 23	RM 5,774,000	RM 1,494	3,864 sqft	Oct 2023
Level 41	RM 4,100,000	RM 1,061	3,864 sqft	Sep 2023
Level 27	RM 5,822,000	RM 1,507	3,864 sqft	Mar 2023
Level 29	RM 5,846,000	RM 1,513	3,864 sqft	Mar 2023