PLATINIUM III

PLATINIUM III in Barat Daya, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 510K and a median price per square foot (PSF) of RM 379.

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 510K, with most transactions falling within a stable range of RM 472K to RM 548K, and a typical market range of RM 489K to RM 531K.

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

For price per square foot, the median is RM 379, with most transactions between RM 351 and RM 407. The usual range is RM 358.75 to RM 399.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

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.