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 |
|---|
|
Level 21
|
RM 500,000
|
RM 400
|
1,249 sqft
|
|
|
|
Level 18
|
RM 499,000
|
RM 400
|
1,249 sqft
|
|
|
|
Level 8
|
RM 440,000
|
RM 352
|
1,249 sqft
|
|
|
|
Level 16
|
RM 560,000
|
RM 445
|
1,259 sqft
|
|
|
Level 24
|
RM 500,000
|
RM 375
|
1,335 sqft
|
|
|
|
Level 13
|
RM 510,000
|
RM 379
|
1,345 sqft
|
|
|
|
Level 10
|
RM 500,000
|
RM 375
|
1,335 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 379 psfMedian transaction price
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsPlatinium 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 476K to RM 524K.
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 354.04 to RM 404.04, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 27, 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. Limited transaction history suggests carefully evaluating comparable sales data.