DIS3PLEX in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 342.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 275K to RM 395K, and a typical market range of RM 125K to RM 545K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 342, with core pricing between RM 284 and RM 400. Market pricing typically extends from RM 192.38 to RM 491.63, reflecting moderate variation in unit pricing. The spread of RM 299.25 (IQR) and deviation of RM 58 (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.
