Area Intelligence

SIERRA RESIDENCE

4 properties
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Median Price
RM 635,000
PSF: RM 756

Commercial Market

Median Price

RM 635,000

IQR: RM 49
MAD: RM 24
RM 756 PSF 5.3%

PSF Trends (2021-2025)

SIERRA RESIDENCE in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 635K and a median price per square foot (PSF) of RM 756.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 635K, with most transactions falling within a stable range of RM 615K to RM 655K, and a typical market range of RM 614K to RM 656K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 756, with most transactions between RM 733 and RM 780. The usual range is RM 731.50 to RM 780.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 24 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SIERRA RESIDENCE, Barat Daya, Penang

OSM

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Transactions

4 properties grouped by size

850 sqft
4 units Office Lot
RM 735,000
840 sqft · RM 875.00 PSF
Aug 2024
RM 600,000
840 sqft · RM 715.00 PSF
Feb 2023
RM 640,000
840 sqft · RM 762.00 PSF
May 2022
RM 630,000
840 sqft · RM 750.00 PSF
Oct 2021