BandingHouse

Setia Pinnacle

Barat Daya, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Setia Pinnacle have sold for a median of

RM620,000

RM506 psf on the recorded floor area

RM550,000median RM620,000RM684,000

Half of the 39 recorded sales fell between RM550,000 and RM684,000. One in ten went under RM506,400, one in ten over RM750,400. Sales run from 1 December 2021 to 6 January 2026.

Up 24% from a RM594,000 median in 2022 to RM735,000 in 2024.

On mudah.my right now — 45 ads naming Setia Pinnacle

Sellers are asking a median of

RM495 psf

That is -2% below the RM506 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.

Ads asking between RM600,000 and RM750,000 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM620,000RM511 psf3
2022RM594,000RM478 psf14
2023RM620,000RM511 psf15
2024RM735,000RM556 psf5
2025RM600,000RM468 psf1
2026RM600,000RM558 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Setia Pinnacle sits 57 of 64 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Setia Pinnacle’s own median is RM620,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM620,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM62,000
  • Transfer duty (MOT): RM12,600
  • Loan duty (0.5%): RM2,790
  • Total cash: RM77,390

Monthly carry

  • Instalment (35y @ 4.00%): RM2,471
  • Total monthly: RM2,471

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Setia Pinnacle sold for?
A median of RM620,000 (RM506 psf), from 39 land-office transactions between 1 December 2021 and 6 January 2026.
What is a typical band here?
Half of recorded sales fell between RM550,000 and RM684,000. One in ten went under RM506,400; one in ten over RM750,400.
Has the median moved?
From RM594,000 in 2022 to RM735,000 in 2024 (+24%), using only years with five or more sales.
How do live ads compare?
Ads naming Setia Pinnacle ask a median of RM495 psf -2% versus the RM506 psf buyers paid here. Same scheme match; not a mark-up on every listing.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.