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