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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 8
|
RM 600,000
|
RM 476
|
1,259 sqft
|
|
Condo |
|
Level 22
|
RM 465,000
|
RM 346
|
1,345 sqft
|
|
Condo |
|
Level 20
|
RM 438,000
|
RM 328
|
1,335 sqft
|
|
Condo |
|
Level 23
|
RM 495,000
|
RM 368
|
1,345 sqft
|
|
Condo |
| 2024 | |||||
|
Level 18
|
RM 485,000
|
RM 360
|
1,345 sqft
|
|
Condo |
|
Level 20
|
RM 535,000
|
RM 428
|
1,249 sqft
|
|
Condo |
|
Level 22
|
RM 530,000
|
RM 394
|
1,345 sqft
|
|
Condo |
|
Level 9
|
RM 560,000
|
RM 445
|
1,259 sqft
|
|
Condo |
| 2023 | |||||
|
Level 10
|
RM 600,000
|
RM 446
|
1,345 sqft
|
|
Condo |
|
Level 7
|
RM 485,000
|
RM 388
|
1,249 sqft
|
|
Condo |
|
Level 26
|
RM 460,000
|
RM 368
|
1,249 sqft
|
|
Condo |
|
Level 12
|
RM 530,000
|
RM 397
|
1,335 sqft
|
|
Condo |
|
Level 18
|
RM 455,000
|
RM 338
|
1,345 sqft
|
|
Condo |
| 2022 | |||||
|
Level 21
|
RM 500,000
|
RM 400
|
1,249 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 500,000
RM 389 psfMedian transaction price
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsPlatinium Iii in Barat Daya, Penang recorded 22 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 389.
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 500K, with most transactions falling within a stable range of RM 468K to RM 533K, and a typical market range of RM 476K to RM 524K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 389, with most transactions between RM 364 and RM 413. The usual range is RM 363.71 to RM 413.71, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 25, 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. Moderate transaction volume may require patience when buying or selling.