SOUTHBAY RESIDENCE Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 1,200,000
CAGR
-6.4%
Median PSF
RM 680.50
CAGR
-4.4%
Transactions
30
Period
2022-2024

SOUTHBAY RESIDENCE in Barat Daya, Penang recorded 30 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 681.

This area contains both residential and commercial properties. View 29 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.20 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.31 million, and a typical market range of RM 1.08 million to RM 1.33 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 681, with most transactions between RM 621 and RM 741. The usual range is RM 612.00 to RM 749.00, showing that most units are priced quite close to each other. With an IQR of RM 137.00 and MAD of RM 60, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

ADVANCED FILTERS

TRANSACTIONS

30 found
Flat
RM 240,000
PSF: RM 354.00
Area: 678 sqft
Date: Oct 2024
Shop Unit/Retail Lot
RM 380,000
PSF: RM 735.00
Area: 517 sqft
Date: Jul 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 7
RM 1,088,000
PSF: RM 656.00
Area: 1,658 sqft
Date: Jul 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,415,000
PSF: RM 587.00
Area: 2,411 sqft
Date: Jun 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,100,000
PSF: RM 664.00
Area: 1,658 sqft
Date: Jun 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 6
RM 1,315,000
PSF: RM 793.00
Area: 1,658 sqft
Date: May 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,600,000
PSF: RM 965.00
Area: 1,658 sqft
Date: Apr 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,090,000
PSF: RM 658.00
Area: 1,658 sqft
Date: Feb 2024
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,130,000
PSF: RM 682.00
Area: 1,658 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,200,000
PSF: RM 724.00
Area: 1,658 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 6
RM 1,100,000
PSF: RM 664.00
Area: 1,658 sqft
Date: Aug 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,300,000
PSF: RM 784.00
Area: 1,658 sqft
Date: Jul 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,280,000
PSF: RM 772.00
Area: 1,658 sqft
Date: Jul 2023
Flat
RM 230,000
PSF: RM 336.00
Area: 684 sqft
Date: Jul 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,180,000
PSF: RM 712.00
Area: 1,658 sqft
Date: Jun 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 4
RM 1,125,000
PSF: RM 679.00
Area: 1,658 sqft
Date: Mar 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,850,000
PSF: RM 620.00
Area: 2,982 sqft
Date: Feb 2023
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 4
RM 1,270,000
PSF: RM 766.00
Area: 1,658 sqft
Date: Dec 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 4
RM 1,370,000
PSF: RM 740.00
Area: 1,851 sqft
Date: Dec 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 5
RM 1,638,000
PSF: RM 545.00
Area: 3,003 sqft
Date: Nov 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 1
RM 1,650,000
PSF: RM 496.00
Area: 3,326 sqft
Date: Oct 2022
Flat
RM 127,000
PSF: RM 187.00
Area: 678 sqft
Date: Oct 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 4
RM 1,200,000
PSF: RM 724.00
Area: 1,658 sqft
Date: Aug 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 3
RM 1,250,000
PSF: RM 754.00
Area: 1,658 sqft
Date: Jun 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,200,000
PSF: RM 724.00
Area: 1,658 sqft
Date: Jun 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,730,000
PSF: RM 484.00
Area: 3,574 sqft
Date: Apr 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 2
RM 1,800,000
PSF: RM 539.00
Area: 3,337 sqft
Date: Apr 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 1
RM 1,200,000
PSF: RM 664.00
Area: 1,808 sqft
Date: Mar 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 4
RM 1,200,000
PSF: RM 724.00
Area: 1,658 sqft
Date: Jan 2022
2 - 2 1/2 Storey Terraced
JALAN SOUTHBAY 3
RM 1,200,000
PSF: RM 724.00
Area: 1,658 sqft
Date: Jan 2022