Platinium Iii
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 600,000
RM 476 psfMedian transaction price
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsPlatinium Iii in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 600K and a median price per square foot (PSF) of RM 476.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 476, with most transactions between RM 476 and RM 476. The usual range is RM 451.00 to RM 501.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 0, 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.