Penang
Barat Daya
11
PAVILION RESORT

PAVILION RESORT

Area Intelligence

2022

Median Price

RM 480,000

PSF: RM 425

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Residential PSF Trends

Median Price

RM 480,000

PSF: RM 425

PAVILION RESORT in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 425.

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 480K, with most transactions falling within a stable range of RM 520K to RM 490K, and a typical market range of RM 520K to RM 502K.

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

For price per square foot, the median is RM 425, with most transactions between RM 416 and RM 434. The usual range is RM 408.25 to RM 441.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 9 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.

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PAVILION RESORT, Barat Daya, Penang

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