SIARA 81

Area Intelligence
2022
Median Price
RM 927,500
PSF: RM 663

Residential PSF Trends

Median Price

RM 927,500

PSF: RM 663

SIARA 81 in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 928K and a median price per square foot (PSF) of RM 663.

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 928K, with most transactions falling within a stable range of RM 823K to RM 1.03 million, and a typical market range of RM 828K to RM 1.03 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 663, with core pricing between RM 574 and RM 752. Market pricing typically extends from RM 592.75 to RM 733.25, reflecting moderate variation in unit pricing. With an IQR of RM 140.50 and MAD of RM 89, 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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SIARA 81, Barat Daya, Penang

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