Penang
Barat Daya
11
MERIDIEN RESIDENCE

MERIDIEN RESIDENCE

Area Intelligence

2022

Median Price

RM 557,500

PSF: RM 443

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Residential PSF Trends

Median Price

RM 557,500

PSF: RM 443

MERIDIEN RESIDENCE in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 558K and a median price per square foot (PSF) of RM 443.

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 520K to RM 616K, and a typical market range of RM 531K to RM 584K.

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

The median PSF stands at RM 443, with core pricing between RM 397 and RM 489. Market pricing typically extends from RM 428.00 to RM 458.00, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 46, 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.

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MERIDIEN RESIDENCE, Barat Daya, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,250 sqft

Condo/Apartment

1,250 sqft

Condo/Apartment

RM 650,000

Level 10

1,259 sqft · RM 516 PSF

May 2022

RM 535,000

Level 11

1,259 sqft · RM 425 PSF

May 2022

RM 575,000

Level 14

1,259 sqft · RM 457 PSF

May 2022

RM 540,000

Level 19

1,259 sqft · RM 429 PSF

May 2022

RM 520,000

Level 10

1,259 sqft · RM 413 PSF

Apr 2022

RM 670,000

Level 24

1,259 sqft · RM 532 PSF

Apr 2022

Level 10	RM 650,000	RM 516	1,259 sqft	May 2022
Level 11	RM 535,000	RM 425	1,259 sqft	May 2022
Level 14	RM 575,000	RM 457	1,259 sqft	May 2022
Level 19	RM 540,000	RM 429	1,259 sqft	May 2022
Level 10	RM 520,000	RM 413	1,259 sqft	Apr 2022
Level 24	RM 670,000	RM 532	1,259 sqft	Apr 2022