Penang
Barat Daya
12
LEGENDA@SOUTHBAY

LEGENDA@SOUTHBAY

Area Intelligence

2023

Median Price

RM 3,980,000

PSF: RM 431

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Residential PSF Trends

Median Price

RM 3,980,000

PSF: RM 431

LEGENDA@SOUTHBAY in Barat Daya, Penang recorded 1 subsale transactions in 2023, with a median price of RM 3.98 million and a median price per square foot (PSF) of RM 431.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 3.98 million, with most transactions falling within a stable range of RM 3.67 million to RM 4.29 million, and a typical market range of RM 3.67 million to RM 4.30 million.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 431, with core pricing between RM 384 and RM 479. Market pricing typically extends from RM 386.25 to RM 475.75, reflecting moderate variation in unit pricing. With an IQR of RM 89.50 and MAD of RM 48, 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.

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LEGENDA@SOUTHBAY, Barat Daya, Penang

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