Setia Pinnacle

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

Property Transactions

5 subsales grouped by size

Median
RM735,000
PSF
RM555
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM635,000
Level 21
1,076 sqft · RM590 PSF
1,300 sqft
Condo
RM735,000
Level 19
1,281 sqft · RM574 PSF
RM668,000
Level 29
1,281 sqft · RM522 PSF
1,500 sqft
Condo
RM825,000
Level 18
1,485 sqft · RM555 PSF
RM770,000
Level 26
1,485 sqft · RM518 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM735,000

RM555 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 5 subsale transactions in 2024, with a median price of RM735K and a median price per square foot (PSF) of RM555.

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 RM735K, with most transactions falling within a stable range of RM667K to RM804K, and a typical market range of RM668K to RM802K.

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

For price per square foot, the median is RM555, with most transactions between RM527 and RM584. The usual range is RM528.90 to RM581.90, showing that most units are priced quite close to each other. With an IQR of RM53.00 and MAD of RM28, 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.