| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 170,000
|
RM 263
|
646 sqft
|
|
|
|
Level 1
|
RM 210,000
|
RM 320
|
657 sqft
|
|
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Southwest District, Penang, Malaysia
MapsTaman Vanila in Barat Daya, Penang recorded 2 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 190K and a median price per square foot (PSF) of RM 292.
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 190K, with most transactions falling within a stable range of RM 170K to RM 210K, and a typical market range of RM 170K to RM 210K.
Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 292, with most transactions between RM 263 and RM 320. The usual range is RM 188.65 to RM 394.41, showing that most units are priced quite close to each other. With an IQR of RM 205.75 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.