Setia Pinnacle

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

Property Transactions

14 subsales grouped by size

Median
RM594,000
PSF
RM478
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM508,000
Level 24
1,076 sqft · RM472 PSF
RM640,000
Level 27
1,076 sqft · RM595 PSF
RM495,000
Level 37
1,076 sqft · RM460 PSF
RM578,000
Level 28
1,076 sqft · RM537 PSF
RM522,000
Level 27
1,076 sqft · RM485 PSF
RM520,000
Level 26
1,076 sqft · RM483 PSF
RM490,000
Level 28
1,076 sqft · RM455 PSF
1,300 sqft
Condo
RM598,000
Level 10
1,281 sqft · RM467 PSF
RM648,000
Level 22
1,281 sqft · RM506 PSF
RM590,000
Level 14
1,281 sqft · RM461 PSF
1,500 sqft
Condo
RM770,000
Level 12
1,485 sqft · RM518 PSF
RM688,000
Level 12
1,485 sqft · RM463 PSF
RM690,000
Level 13
1,485 sqft · RM465 PSF
RM748,000
Level 25
1,485 sqft · RM504 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM594,000

RM478 psf

Median transaction price

Low

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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 14 subsale transactions in 2022, with a median price of RM594K and a median price per square foot (PSF) of RM478.

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 RM594K, with most transactions falling within a stable range of RM503K to RM685K, and a typical market range of RM527K to RM661K.

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

For price per square foot, the median is RM478, with most transactions between RM440 and RM515. The usual range is RM451.02 to RM504.02, showing that most units are priced quite close to each other. With an IQR of RM53.00 and MAD of RM37, 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.