PLATINIUM III

Area Intelligence
2023
Median Price
RM 485,000
PSF: RM 388

Residential PSF Trends

Median Price

RM 485,000

PSF: RM 388

PLATINIUM III in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 485K and a median price per square foot (PSF) of RM 388.

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 485K, with most transactions falling within a stable range of RM 455K to RM 539K, and a typical market range of RM 463K to RM 508K.

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

For price per square foot, the median is RM 388, with most transactions between RM 352 and RM 424. The usual range is RM 372.00 to RM 404.00, 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 36 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

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Transactions

5 transactions grouped by size

1,250 sqft
Condo/Apartment
RM 485,000
Level 7
1,249 sqft · RM 388 PSF
RM 460,000
Level 26
1,249 sqft · RM 368 PSF
1,350 sqft
Condo/Apartment
RM 600,000
Level 10
1,345 sqft · RM 446 PSF
RM 530,000
Level 12
1,335 sqft · RM 397 PSF
RM 455,000
Level 18
1,345 sqft · RM 338 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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