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 525,000
|
RM 524
|
1,001 sqft
|
|
|
|
Level 13
|
RM 520,000
|
RM 519
|
1,001 sqft
|
|
|
|
Level 12
|
RM 535,000
|
RM 534
|
1,001 sqft
|
|
|
|
Level 11
|
RM 530,000
|
RM 529
|
1,001 sqft
|
|
|
|
Level 20
|
RM 490,000
|
RM 489
|
1,001 sqft
|
|
|
|
Level 27
|
RM 495,000
|
RM 495
|
1,000 sqft
|
|
|
Level 9
|
RM 520,000
|
RM 493
|
1,055 sqft
|
|
|
|
Level 13
|
RM 500,000
|
RM 474
|
1,055 sqft
|
|
|
|
Level 22
|
RM 550,000
|
RM 521
|
1,055 sqft
|
|
|
|
Level 5
|
RM 460,000
|
RM 436
|
1,055 sqft
|
|
|
|
Level 6
|
RM 564,000
|
RM 535
|
1,055 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 497 psfMedian transaction price
Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsForestville in Barat Daya, Penang recorded 21 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 497.
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 500K, with most transactions falling within a stable range of RM 472K to RM 528K, and a typical market range of RM 478K to RM 523K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 497, with most transactions between RM 470 and RM 525. The usual range is RM 469.48 to RM 525.48, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 28, 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. Moderate transaction volume may require patience when buying or selling.