MAHSURI SQUARE in Barat Daya, Penang recorded 30 subsale transactions in 2022, with a median price of RM 498K and a median price per square foot (PSF) of RM 441.
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 498K, with most transactions falling within a stable range of RM 490K to RM 518K, and a typical market range of RM 497K to RM 499K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 441, though individual units vary from RM 284 to RM 598 in the core range. The broader market spans RM 419.00 to RM 463.00, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 157) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
