SETIA SKY VILLE

SETIA SKY VILLE in Timur Laut, Penang recorded 37 subsale transactions in 2022, with a median price of RM 878K and a median price per square foot (PSF) of RM 831.

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 878K, with most transactions falling within a stable range of RM 829K to RM 927K, and a typical market range of RM 854K to RM 902K.

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

For price per square foot, the median is RM 831, with most transactions between RM 784 and RM 878. The usual range is RM 788.25 to RM 873.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 47, 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. Moderate transaction volume may require patience when buying or selling.