Setia Pinnacle

22, Changkat Sungai Ara 6, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM620,000
PSF
RM511
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM550,000
Level 12
1,076 sqft · RM511 PSF
1,300 sqft
Condo
RM620,000
Level 23
1,281 sqft · RM484 PSF
RM680,000
Level 23
1,281 sqft · RM531 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM620,000

RM511 psf

Median transaction price

Low

Does SETIA PINNACLE rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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22, Changkat Sungai Ara 6, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Setia Pinnacle in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM620K and a median price per square foot (PSF) of RM511.

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 RM620K, with most transactions falling within a stable range of RM567K to RM673K, and a typical market range of RM553K to RM680K.

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

For price per square foot, the median is RM511, with most transactions between RM492 and RM530. The usual range is RM484.47 to RM537.47, showing that most units are priced quite close to each other. With an IQR of RM53.00 and MAD of RM19, 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.