SPRINGFIELD CONDOMINIUM Property Investment Analysis

SPRINGFIELD CONDOMINIUM in Barat Daya, Penang recorded 22 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 401.

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 350K, with most transactions falling within a stable range of RM 325K to RM 375K, and a typical market range of RM 308K to RM 393K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 401, with most transactions between RM 369 and RM 434. The usual range is RM 352.50 to RM 449.50, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 33, 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. Moderate transaction volume may require patience when buying or selling.