Platinium Iii

Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 485,000
PSF
RM 388
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
Condo
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
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
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 485,000

RM 388 psf

Median transaction price

Platinium Iii
© OpenStreetMap · CARTO

Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia

Maps

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 461K to RM 509K.

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 353 and RM 424. The usual range is RM 363.43 to RM 413.43, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 36, 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.