Forestville
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 27
|
RM 495,000
|
RM 494
|
1,001 sqft
|
|
|
|
Level 22
|
RM 485,000
|
RM 484
|
1,001 sqft
|
|
|
|
Level 29
|
RM 465,000
|
RM 465
|
1,001 sqft
|
|
|
|
Level 11
|
RM 530,000
|
RM 529
|
1,001 sqft
|
|
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Market Snapshot
ResidentialRM 495,000
RM 485 psfMedian transaction price
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsForestville in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 495K and a median price per square foot (PSF) of RM 485.
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 495K, with most transactions falling within a stable range of RM 474K to RM 516K, and a typical market range of RM 473K to RM 518K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 485, with most transactions between RM 462 and RM 507. The usual range is RM 456.50 to RM 512.50, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 23, 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.