SETIA SKY VILLE

SETIA SKY VILLE in Timur Laut, Penang recorded 22 subsale transactions in 2023, with a median price of RM 889K and a median price per square foot (PSF) of RM 841.

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 889K, with most transactions falling within a stable range of RM 823K to RM 955K, and a typical market range of RM 865K to RM 913K.

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

For price per square foot, the median is RM 841, with most transactions between RM 765 and RM 917. The usual range is RM 798.25 to RM 883.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 76, 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.