Area Intelligence

CYPRESS VILLA

3 properties
2023
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Median Price
RM 2,116,000
PSF: RM 528

Residential Market

Median Price

RM 2,116,000

RM 528 PSF 14.0%

PSF Trends (2021-2025)

CYPRESS VILLA in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 2.12 million and a median price per square foot (PSF) of RM 528.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 528, with core pricing between RM 448 and RM 608. Market pricing typically extends from RM 528.00 to RM 528.00, reflecting moderate variation in unit pricing. The spread of RM 0.00 (IQR) and deviation of RM 80 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CYPRESS VILLA, Barat Daya, Penang

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Transactions

3 properties grouped by size

2,800 sqft
1 units Double Storey Semi-D
RM 1,950,000
LENGKOK KENARI 1
2,799 sqft · RM 697.00 PSF
Jan 2023
4,000 sqft
2 units Double Storey Semi-D
RM 2,116,000
LENGKOK KENARI 4
4,004 sqft · RM 528.00 PSF
Oct 2023
RM 2,116,000
LENGKOK KENARI 4
4,004 sqft · RM 528.00 PSF
Jul 2023