Area Intelligence

FORESTVILLE

2 properties
2025
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Median Price
RM 514,000
PSF: RM 501

Residential Market

Median Price

RM 514,000

IQR: RM 56
MAD: RM 26
RM 501 PSF 0.8%

PSF Trends (2021-2025)

FORESTVILLE in Barat Daya, Penang recorded 2 subsale transactions in 2025, with a median price of RM 514K and a median price per square foot (PSF) of RM 501.

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 514K, with most transactions falling within a stable range of RM 498K to RM 530K, and a typical market range of RM 498K to RM 530K.

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

For price per square foot, the median is RM 501, with most transactions between RM 472 and RM 529. The usual range is RM 472.63 to RM 528.38, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 29, 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.

Area Location

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FORESTVILLE, Barat Daya, Penang

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Transactions

2 properties found

Condo/Apartment
RM 498,000
1,055 sqft May 2025
RM 472.00 PSF
Condo/Apartment
RM 530,000
1,001 sqft Apr 2025
RM 529.00 PSF