Forestville
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 448,000
|
RM 448
|
1,000 sqft
|
|
|
|
Level 5
|
RM 495,000
|
RM 495
|
1,000 sqft
|
|
|
|
Level 11
|
RM 495,000
|
RM 495
|
1,000 sqft
|
|
|
|
Level 20
|
RM 492,000
|
RM 492
|
1,000 sqft
|
|
|
|
Level 6
|
RM 448,000
|
RM 448
|
1,001 sqft
|
|
|
|
Level 6
|
RM 495,000
|
RM 494
|
1,001 sqft
|
|
|
Level 25
|
RM 495,000
|
RM 471
|
1,050 sqft
|
|
|
|
Level 8
|
RM 530,000
|
RM 505
|
1,050 sqft
|
|
|
|
Level 23
|
RM 480,000
|
RM 457
|
1,050 sqft
|
|
|
|
Level 26
|
RM 480,000
|
RM 455
|
1,055 sqft
|
|
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Market Snapshot
ResidentialRM 493,500
RM 482 psfMedian transaction price
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsForestville in Barat Daya, Penang recorded 16 subsale transactions in 2021, with a median price of RM 494K and a median price per square foot (PSF) of RM 482.
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 494K, with most transactions falling within a stable range of RM 465K to RM 522K, and a typical market range of RM 471K to RM 516K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 482, with most transactions between RM 453 and RM 511. The usual range is RM 453.72 to RM 509.72, showing that most units are priced quite close to each other. With an IQR of RM 56.00 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.