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 20
|
RM 535,000
|
RM 428
|
1,249 sqft
|
|
|
|
Level 9
|
RM 560,000
|
RM 445
|
1,259 sqft
|
|
|
Level 18
|
RM 485,000
|
RM 360
|
1,345 sqft
|
|
|
|
Level 22
|
RM 530,000
|
RM 394
|
1,345 sqft
|
|
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Market Snapshot
ResidentialRM 532,500
RM 411 psfMedian transaction price
Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia
MapsPlatinium 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 508K to RM 557K.
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 379 and RM 444. The usual range is RM 386.19 to RM 436.19, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 32, 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.