Forestville

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

17 subsales grouped by size

Median
RM 512,000
PSF
RM 511
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM 560,000
Level 24
1,001 sqft · RM 559 PSF
RM 610,000
Level 14
1,001 sqft · RM 609 PSF
RM 500,000
Level 25
1,001 sqft · RM 499 PSF
RM 560,000
Level 21
1,001 sqft · RM 559 PSF
RM 530,000
Level 18
1,001 sqft · RM 529 PSF
RM 512,000
Level 11
1,001 sqft · RM 511 PSF
+6 more
1,050 sqft
Condo
RM 495,000
Level 19
1,055 sqft · RM 469 PSF
RM 485,000
Level 17
1,055 sqft · RM 460 PSF
RM 560,000
Level 18
1,055 sqft · RM 531 PSF
RM 550,000
Level 9
1,055 sqft · RM 521 PSF
RM 498,000
Level 11
1,055 sqft · RM 472 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 512,000

RM 511 psf

Median transaction price

Low

Rental Yield Data

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Forestville
© OpenStreetMap · CARTO

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Forestville in Barat Daya, Penang recorded 17 subsale transactions in 2023, with a median price of RM 512K and a median price per square foot (PSF) of RM 511.

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 512K, with most transactions falling within a stable range of RM 478K to RM 546K, and a typical market range of RM 490K to RM 535K.

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

For price per square foot, the median is RM 511, with most transactions between RM 474 and RM 549. The usual range is RM 483.47 to RM 539.47, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 37, 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.