Penang
Barat Daya
10
FAIRVIEW RESIDENCE

FAIRVIEW RESIDENCE

Area Intelligence

2023

Median Price

RM 434,000

PSF: RM 568

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Residential PSF Trends

Median Price

RM 434,000

PSF: RM 568

FAIRVIEW RESIDENCE in Barat Daya, Penang recorded 16 subsale transactions in 2023, with a median price of RM 434K and a median price per square foot (PSF) of RM 568.

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 RM 434K, with most transactions falling within a stable range of RM 399K to RM 469K, and a typical market range of RM 424K to RM 444K.

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

For price per square foot, the median is RM 568, with most transactions between RM 525 and RM 611. The usual range is RM 535.50 to RM 600.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 43, 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.

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FAIRVIEW RESIDENCE, Barat Daya, Penang

OSM

Track location

Transactions

12 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 428,000

Level 24

753 sqft • RM 568.00 PSF

Nov 2023

RM 498,000

Level 32

904 sqft • RM 551.00 PSF

Oct 2023

RM 430,000

Level 22

700 sqft • RM 615.00 PSF

Sep 2023

RM 343,000

Level 23

700 sqft • RM 490.00 PSF

Jul 2023

RM 428,000

Level 30

753 sqft • RM 568.00 PSF

Jun 2023

RM 428,000

Level 22

753 sqft • RM 568.00 PSF

May 2023

RM 448,000

Level 18

904 sqft • RM 495.00 PSF

May 2023

RM 428,000

Level 31

753 sqft • RM 568.00 PSF

Mar 2023

RM 428,000

Level 32

753 sqft • RM 568.00 PSF

Mar 2023

RM 480,000

Level 7

904 sqft • RM 531.00 PSF

Mar 2023

RM 428,000

Level 12

904 sqft • RM 473.00 PSF

Mar 2023

RM 438,000

Level 32

904 sqft • RM 484.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 24	RM 428,000	RM 568.00	753 sqft	Nov 2023	Condo/Apartment
Level 32	RM 498,000	RM 551.00	904 sqft	Oct 2023	Condo/Apartment
Level 22	RM 430,000	RM 615.00	700 sqft	Sep 2023	Condo/Apartment
Level 23	RM 343,000	RM 490.00	700 sqft	Jul 2023	Condo/Apartment
Level 30	RM 428,000	RM 568.00	753 sqft	Jun 2023	Condo/Apartment
Level 22	RM 428,000	RM 568.00	753 sqft	May 2023	Condo/Apartment
Level 18	RM 448,000	RM 495.00	904 sqft	May 2023	Condo/Apartment
Level 31	RM 428,000	RM 568.00	753 sqft	Mar 2023	Condo/Apartment
Level 32	RM 428,000	RM 568.00	753 sqft	Mar 2023	Condo/Apartment
Level 7	RM 480,000	RM 531.00	904 sqft	Mar 2023	Condo/Apartment
Level 12	RM 428,000	RM 473.00	904 sqft	Mar 2023	Condo/Apartment
Level 32	RM 438,000	RM 484.00	904 sqft	Mar 2023	Condo/Apartment