Penang
Barat Daya
11
PLATINIUM III

PLATINIUM III

Area Intelligence

2024

Median Price

RM 532,500

PSF: RM 411

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Residential PSF Trends

Median Price

RM 532,500

PSF: RM 411

PLATINIUM III in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 533K and a median price per square foot (PSF) of RM 411.

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 533K, with most transactions falling within a stable range of RM 505K to RM 560K, and a typical market range of RM 510K to RM 555K.

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

For price per square foot, the median is RM 411, with most transactions between RM 378 and RM 444. The usual range is RM 395.00 to RM 427.00, 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 33 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

4 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)

Clear

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)

Clear

RM 485,000

Level 18

1,345 sqft • RM 360.00 PSF

Nov 2024

RM 535,000

Level 20

1,249 sqft • RM 428.00 PSF

Sep 2024

RM 530,000

Level 22

1,345 sqft • RM 394.00 PSF

Jul 2024

RM 560,000

Level 9

1,259 sqft • RM 445.00 PSF

May 2024

Road	Price	Land PSF	Land	Date	Type
Level 18	RM 485,000	RM 360.00	1,345 sqft	Nov 2024	Condo/Apartment
Level 20	RM 535,000	RM 428.00	1,249 sqft	Sep 2024	Condo/Apartment
Level 22	RM 530,000	RM 394.00	1,345 sqft	Jul 2024	Condo/Apartment
Level 9	RM 560,000	RM 445.00	1,259 sqft	May 2024	Condo/Apartment