Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 240,000
|
RM 360
|
667 sqft
|
|
|
|
Level 8
|
RM 250,000
|
RM 375
|
667 sqft
|
|
|
|
Level 3
|
RM 240,000
|
RM 360
|
667 sqft
|
|
|
|
Level 3
|
RM 250,000
|
RM 375
|
667 sqft
|
|
|
|
Level 10
|
RM 208,000
|
RM 312
|
667 sqft
|
|
|
|
Level 13
|
RM 198,000
|
RM 297
|
667 sqft
|
|
|
|
Level 8
|
RM 260,000
|
RM 390
|
667 sqft
|
|
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Market Snapshot
ResidentialRM 240,000
RM 360 psfMedian transaction price
Southwest District, Penang, Malaysia
MapsI-Park in Barat Daya, Penang recorded 7 subsale transactions in 2021, with a median price of RM 240K and a median price per square foot (PSF) of RM 360.
This area contains both residential and commercial properties. View 67 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 240K, with most transactions falling within a stable range of RM 219K to RM 260K, and a typical market range of RM 215K to RM 260K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 360, with most transactions between RM 327 and RM 392. The usual range is RM 322.13 to RM 397.13, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 32, 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. 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.