Meridien Residence
Tingkat Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Tingkat Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 14
|
RM 550,000
|
RM 437
|
1,259 sqft
|
|
|
|
Level 11
|
RM 540,000
|
RM 429
|
1,259 sqft
|
|
|
|
Level 25
|
RM 570,000
|
RM 453
|
1,259 sqft
|
|
|
|
Level 10
|
RM 650,000
|
RM 516
|
1,259 sqft
|
|
|
|
Level 11
|
RM 535,000
|
RM 425
|
1,259 sqft
|
|
|
|
Level 14
|
RM 575,000
|
RM 457
|
1,259 sqft
|
|
|
Level 18
|
RM 600,000
|
RM 435
|
1,378 sqft
|
|
|
|
Level 15
|
RM 550,000
|
RM 399
|
1,378 sqft
|
|
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Market Snapshot
ResidentialRM 557,500
RM 436 psfMedian transaction price
Tingkat Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMeridien Residence in Barat Daya, Penang recorded 14 subsale transactions between 2021 and 2026, with a median price of RM 558K and a median price per square foot (PSF) of RM 449.
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 558K, with most transactions falling within a stable range of RM 538K to RM 578K, and a typical market range of RM 531K to RM 584K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 449, with most transactions between RM 430 and RM 468. The usual range is RM 433.63 to RM 463.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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.