Penang
Barat Daya
10
IMPERIAL GRANDE

IMPERIAL GRANDE

Area Intelligence

2023

Median Price

RM 530,000

PSF: RM 524

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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 524

IMPERIAL GRANDE in Barat Daya, Penang recorded 23 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 524.

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 530K, with most transactions falling within a stable range of RM 526K to RM 500K, and a typical market range of RM 510K to RM 500K.

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

For price per square foot, the median is RM 524, with most transactions between RM 520 and RM 528. The usual range is RM 503.50 to RM 544.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.

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IMPERIAL GRANDE, Barat Daya, Penang

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