Penang
Barat Daya
10
IMPERIAL RESIDENCES

IMPERIAL RESIDENCES

Area Intelligence

2024

Median Price

RM 582,000

PSF: RM 525

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Residential PSF Trends

Median Price

RM 582,000

PSF: RM 525

IMPERIAL RESIDENCES in Barat Daya, Penang recorded 7 subsale transactions in 2024, with a median price of RM 582K and a median price per square foot (PSF) of RM 525.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 525, with most transactions between RM 525 and RM 525. The usual range is RM 490.88 to RM 559.13, showing that most units are priced quite close to each other. With an IQR of RM 68.25 and MAD of RM 0, 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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IMPERIAL RESIDENCES, Barat Daya, Penang

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