Setia Sky Vista
Lebuh Relau 9, 11900 Bayan Lepas, Penang, Malaysia
Lebuh Relau 9, 11900 Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 11
|
RM480,000
|
RM525
|
915 sqft
|
|
|
|
Level 13
|
RM396,000
|
RM433
|
915 sqft
|
|
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Nearby areas in 5
Setia Sky Vista
Setia Vista Low Cost Flat
Setia Vista
Taman Seri Relau
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 5
Market Snapshot
ResidentialRM565,000
RM545 psfMedian transaction price
Does SETIA SKY VISTA rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Lebuh Relau 9, 11900 Bayan Lepas, Penang, Malaysia
MapsSetia Sky Vista in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM565K and a median price per square foot (PSF) of RM545.
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 RM565K, with most transactions falling within a stable range of RM414K to RM716K, and a typical market range of RM431K to RM699K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM545, though individual units vary from RM401 to RM688 in the core range. The broader market spans RM410.25 to RM678.75, indicating diverse property characteristics. A wider spread (IQR: RM268.50) and deviation (MAD: RM143) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.