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 7
|
RM 485,000
|
RM 388
|
1,249 sqft
|
|
|
|
Level 26
|
RM 460,000
|
RM 368
|
1,249 sqft
|
|
|
Level 10
|
RM 600,000
|
RM 446
|
1,345 sqft
|
|
|
|
Level 12
|
RM 530,000
|
RM 397
|
1,335 sqft
|
|
|
|
Level 18
|
RM 455,000
|
RM 338
|
1,345 sqft
|
|
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Market Snapshot
ResidentialRM 485,000
RM 388 psfMedian transaction price
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsPlatinium 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.