Penang
Timur Laut
Jelutong
SETIA SKY VILLE

SETIA SKY VILLE

Area Intelligence

2023

Median Price

RM 715,000

PSF: RM 685

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Residential PSF Trends

Median Price

RM 715,000

PSF: RM 685

SETIA SKY VILLE in Timur Laut, Penang recorded 3 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 715K and a median price per square foot (PSF) of RM 685.

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 715K, with most transactions falling within a stable range of RM 700K to RM 736K, and a typical market range of RM 700K to RM 739K.

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

For price per square foot, the median is RM 685, with most transactions between RM 665 and RM 705. The usual range is RM 642.05 to RM 727.55, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 20, 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.

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SETIA SKY VILLE, Timur Laut, Penang

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