Pavilion Resort
8, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
8, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 21
|
RM 350,000
|
RM 310
|
1,130 sqft
|
|
|
|
Level 8
|
RM 480,000
|
RM 425
|
1,130 sqft
|
|
|
|
Level 6
|
RM 498,000
|
RM 441
|
1,130 sqft
|
|
|
|
Level 21
|
RM 350,000
|
RM 310
|
1,130 sqft
|
|
|
|
Level 17
|
RM 540,000
|
RM 478
|
1,130 sqft
|
|
|
|
Level 8
|
RM 460,000
|
RM 407
|
1,130 sqft
|
|
|
|
Level 15
|
RM 520,000
|
RM 460
|
1,130 sqft
|
|
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Market Snapshot
ResidentialRM 480,000
RM 425 psfMedian transaction price
8, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsPavilion 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 408K to RM 540K, and a typical market range of RM 458K to RM 502K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 425, with core pricing between RM 361 and RM 488. Market pricing typically extends from RM 407.95 to RM 441.45, reflecting moderate variation in unit pricing. With an IQR of RM 33.50 and MAD of RM 63, 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.