FAIRVIEW RESIDENCE

Area Intelligence
2023
Median Price
RM 434,000
PSF: RM 568

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 348K to RM 520K, and a typical market range of RM 424K to RM 444K.

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

The median PSF stands at RM 568, with core pricing between RM 494 and RM 642. Market pricing typically extends from RM 535.50 to RM 600.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 74, 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

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Transactions

16 transactions grouped by size

700 sqft
Condo/Apartment
RM 430,000
Level 22
700 sqft · RM 615 PSF
RM 343,000
Level 23
700 sqft · RM 490 PSF
750 sqft
Condo/Apartment
RM 428,000
Level 24
753 sqft · RM 568 PSF
RM 428,000
Level 30
753 sqft · RM 568 PSF
RM 428,000
Level 22
753 sqft · RM 568 PSF
RM 428,000
Level 31
753 sqft · RM 568 PSF
RM 428,000
Level 32
753 sqft · RM 568 PSF
900 sqft
Condo/Apartment
RM 498,000
Level 32
904 sqft · RM 551 PSF
RM 638,000
Level 7
904 sqft · RM 706 PSF
RM 448,000
Level 18
904 sqft · RM 495 PSF
RM 480,000
Level 7
904 sqft · RM 531 PSF
RM 548,000
Level 7
904 sqft · RM 606 PSF
RM 588,000
Level 7
904 sqft · RM 650 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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