Penang
Barat Daya
11
PLATINIUM III

PLATINIUM III

Area Intelligence

2022

Median Price

RM 500,000

PSF: RM 379

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 379

PLATINIUM III in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM 500K 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 500K, with most transactions falling within a stable range of RM 468K to RM 532K, and a typical market range of RM 478K to RM 523K.

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 352 and RM 406. The usual range is RM 363.00 to RM 395.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.00 and an average deviation (MAD) of RM 27 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.

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PLATINIUM III, Barat Daya, Penang

OSM

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Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 500,000

Level 21

1,249 sqft • RM 400.00 PSF

Dec 2022

RM 499,000

Level 18

1,249 sqft • RM 400.00 PSF

Oct 2022

RM 440,000

Level 8

1,249 sqft • RM 352.00 PSF

Sep 2022

RM 500,000

Level 24

1,335 sqft • RM 375.00 PSF

Aug 2022

RM 510,000

Level 13

1,345 sqft • RM 379.00 PSF

Jul 2022

RM 560,000

Level 16

1,259 sqft • RM 445.00 PSF

Mar 2022

RM 500,000

Level 10

1,335 sqft • RM 375.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
Level 21	RM 500,000	RM 400.00	1,249 sqft	Dec 2022	Condo/Apartment
Level 18	RM 499,000	RM 400.00	1,249 sqft	Oct 2022	Condo/Apartment
Level 8	RM 440,000	RM 352.00	1,249 sqft	Sep 2022	Condo/Apartment
Level 24	RM 500,000	RM 375.00	1,335 sqft	Aug 2022	Condo/Apartment
Level 13	RM 510,000	RM 379.00	1,345 sqft	Jul 2022	Condo/Apartment
Level 16	RM 560,000	RM 445.00	1,259 sqft	Mar 2022	Condo/Apartment
Level 10	RM 500,000	RM 375.00	1,335 sqft	Mar 2022	Condo/Apartment