Idaman Lavender 3
10920, Lilitan Sungai Ara, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
10920, Lilitan Sungai Ara, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 6
|
RM 310,000
|
RM 411
|
753 sqft
|
|
Flat |
|
Level 9
|
RM 323,000
|
RM 429
|
753 sqft
|
|
Flat |
|
Level 17
|
RM 325,000
|
RM 431
|
753 sqft
|
|
Flat |
|
Level 10
|
RM 350,000
|
RM 465
|
753 sqft
|
|
Flat |
|
Level 11
|
RM 350,000
|
RM 465
|
753 sqft
|
|
Flat |
|
Level 17
|
RM 340,000
|
RM 451
|
753 sqft
|
|
Flat |
|
Level 18
|
RM 300,000
|
RM 398
|
753 sqft
|
|
Flat |
|
Level 17
|
RM 304,000
|
RM 403
|
753 sqft
|
|
Flat |
|
Level 14
|
RM 330,000
|
RM 438
|
753 sqft
|
|
Flat |
|
Level 11
|
RM 320,000
|
RM 425
|
753 sqft
|
|
Flat |
|
Level 9
|
RM 315,000
|
RM 418
|
753 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 323,000
RM 429 psfMedian transaction price
10920, Lilitan Sungai Ara, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsIdaman Lavender 3 in Barat Daya, Penang recorded 11 subsale transactions in 2022, with a median price of RM 323K and a median price per square foot (PSF) of RM 429.
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 323K, with most transactions falling within a stable range of RM 307K to RM 339K, and a typical market range of RM 304K to RM 342K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 429, with most transactions between RM 407 and RM 450. The usual range is RM 403.18 to RM 454.18, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 22, 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.