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Southwest District, Penang, Malaysia
MapsDesa Pilihan in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 170K and a median price per square foot (PSF) of RM 336.
This area contains both residential and commercial properties. View 2 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 170K, with most transactions falling within a stable range of RM 140K to RM 200K, and a typical market range of RM 140K to RM 260K.
Most transactions involved 4 - 4 1/2 sto, though some variety exists in the market.
Price per square foot shows a median of RM 336, though individual units vary from RM 265 to RM 407 in the core range. The broader market spans RM 267.28 to RM 404.78, indicating diverse property characteristics. The spread of RM 137.50 (IQR) and deviation of RM 71 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.