THE PROMENADE Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 500,000
CAGR
+0.7%
Median PSF
RM 498.50
CAGR
+2.0%
Transactions
26
Period
2021-2024

THE PROMENADE in Barat Daya, Penang recorded 26 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 499.

This area contains both residential and commercial properties. View 24 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 430K to RM 570K, and a typical market range of RM 444K to RM 556K.

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

For price per square foot, the median is RM 499, with most transactions between RM 450 and RM 547. The usual range is RM 453.75 to RM 543.25, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 49, 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

26 found
Condominium/Apartment
RM 400,000
PSF: RM 590.00
Area: 678 sqft
Date: Nov 2024
Condominium/Apartment
RM 570,000
PSF: RM 441.00
Area: 1,292 sqft
Date: Oct 2024
Condominium/Apartment
RM 440,000
PSF: RM 449.00
Area: 980 sqft
Date: Jul 2024
Condominium/Apartment
RM 470,000
PSF: RM 480.00
Area: 980 sqft
Date: Jul 2024
Condominium/Apartment
RM 480,000
PSF: RM 564.00
Area: 850 sqft
Date: Jun 2024
Condominium/Apartment
RM 500,000
PSF: RM 553.00
Area: 904 sqft
Date: Feb 2024
Condominium/Apartment
RM 500,000
PSF: RM 553.00
Area: 904 sqft
Date: Feb 2024
Condominium/Apartment
RM 480,000
PSF: RM 474.00
Area: 1,012 sqft
Date: Jan 2024
Condominium/Apartment
RM 365,000
PSF: RM 538.00
Area: 678 sqft
Date: Dec 2023
Condominium/Apartment
RM 598,000
PSF: RM 463.00
Area: 1,292 sqft
Date: Oct 2023
Condominium/Apartment
RM 350,000
PSF: RM 516.00
Area: 678 sqft
Date: Aug 2023
Condominium/Apartment
RM 570,000
PSF: RM 441.00
Area: 1,292 sqft
Date: Aug 2023
Condominium/Apartment
RM 570,000
PSF: RM 484.00
Area: 1,178 sqft
Date: Jul 2023
Condominium/Apartment
RM 495,000
PSF: RM 489.00
Area: 1,012 sqft
Date: May 2023
Condominium/Apartment
RM 725,000
PSF: RM 561.00
Area: 1,292 sqft
Date: Mar 2023
Condominium/Apartment
RM 590,000
PSF: RM 503.00
Area: 1,173 sqft
Date: Mar 2023
Condominium/Apartment
RM 589,000
PSF: RM 582.00
Area: 1,012 sqft
Date: Mar 2023
Condominium/Apartment
RM 480,000
PSF: RM 474.00
Area: 1,012 sqft
Date: Nov 2022
Shop Unit/Retail Lot
RM 851,000
PSF: RM 941.00
Area: 904 sqft
Date: Oct 2022
Shop Unit/Retail Lot
RM 699,000
PSF: RM 941.00
Area: 743 sqft
Date: Oct 2022
Condominium/Apartment
RM 500,000
PSF: RM 451.00
Area: 1,109 sqft
Date: Oct 2022
Condominium/Apartment
RM 500,000
PSF: RM 494.00
Area: 1,012 sqft
Date: Feb 2022
Condominium/Apartment
RM 440,000
PSF: RM 435.00
Area: 1,012 sqft
Date: Dec 2021
Condominium/Apartment
RM 500,000
PSF: RM 588.00
Area: 850 sqft
Date: Sep 2021
Condominium/Apartment
RM 770,000
PSF: RM 468.00
Area: 1,647 sqft
Date: Jun 2021
Condominium/Apartment
RM 430,000
PSF: RM 506.00
Area: 850 sqft
Date: Apr 2021