ONE IMPERIAL CONDOMINIUM in Barat Daya, Penang recorded 28 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 463.
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 550K, with most transactions falling within a stable range of RM 524K to RM 576K, and a typical market range of RM 519K to RM 581K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 463, with most transactions between RM 442 and RM 484. The usual range is RM 440.25 to RM 484.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.50 and an average deviation (MAD) of RM 21 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.