Penang
Barat Daya
11
PAVILION RESORT

PAVILION RESORT

Area Intelligence

2023

Median Price

RM 513,000

PSF: RM 444

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Residential PSF Trends

Median Price

RM 513,000

PSF: RM 444

PAVILION RESORT in Barat Daya, Penang recorded 6 subsale transactions in 2023, with a median price of RM 513K and a median price per square foot (PSF) of RM 444.

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 513K, with most transactions falling within a stable range of RM 528K to RM 566K, and a typical market range of RM 528K to RM 535K.

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

The median PSF stands at RM 444, with core pricing between RM 399 and RM 488. Market pricing typically extends from RM 426.75 to RM 460.25, reflecting moderate variation in unit pricing. With an IQR of RM 33.50 and MAD of RM 45, 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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PAVILION RESORT, Barat Daya, Penang

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