Area Intelligence

KENARI AVENUE

3 properties
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Median Price
RM 870,000
PSF: RM 636

Commercial Market

Median Price

RM 870,000

IQR: RM 161
MAD: RM 139
RM 636 PSF

PSF Trends (2021-2025)

KENARI AVENUE in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 870K and a median price per square foot (PSF) of RM 636.

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 870K, with most transactions falling within a stable range of RM 680K to RM 1.06 million, and a typical market range of RM 765K to RM 975K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 636, though individual units vary from RM 497 to RM 775 in the core range. The broader market spans RM 555.75 to RM 716.25, indicating diverse property characteristics. The spread of RM 160.50 (IQR) and deviation of RM 139 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KENARI AVENUE, Barat Daya, Penang

OSM

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Transactions

3 properties grouped by size

1,350 sqft
3 units
RM 870,000
Office Lot
1,367 sqft · RM 636.00 PSF
Apr 2022
RM 680,000
Office Lot
1,367 sqft · RM 497.00 PSF
Apr 2022
RM 1,100,000
Shop/Retail Lot
1,345 sqft · RM 818.00 PSF
Apr 2022