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