Platinium Iii
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 600,000
|
RM 476
|
1,259 sqft
|
|
|
|
Level 20
|
RM 535,000
|
RM 428
|
1,249 sqft
|
|
|
|
Level 9
|
RM 560,000
|
RM 445
|
1,259 sqft
|
|
|
|
Level 7
|
RM 485,000
|
RM 388
|
1,249 sqft
|
|
|
|
Level 26
|
RM 460,000
|
RM 368
|
1,249 sqft
|
|
|
Level 20
|
RM 438,000
|
RM 328
|
1,335 sqft
|
|
|
|
Level 22
|
RM 465,000
|
RM 346
|
1,345 sqft
|
|
|
|
Level 23
|
RM 495,000
|
RM 368
|
1,345 sqft
|
|
|
|
Level 18
|
RM 485,000
|
RM 360
|
1,345 sqft
|
|
|
|
Level 22
|
RM 530,000
|
RM 394
|
1,345 sqft
|
|
|
|
Level 10
|
RM 600,000
|
RM 446
|
1,345 sqft
|
|
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Market Snapshot
ResidentialRM 495,000
RM 388 psfMedian transaction price
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsPlatinium Iii in Barat Daya, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 495K and a median price per square foot (PSF) of RM 388.
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 495K, with most transactions falling within a stable range of RM 442K to RM 548K, and a typical market range of RM 471K to RM 519K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 388, with core pricing between RM 343 and RM 433. Market pricing typically extends from RM 363.43 to RM 413.43, reflecting moderate variation in unit pricing. With an IQR of RM 50.00 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.