MUZE @ PICC

MUZE @ PICC in Barat Daya, Penang recorded 7 subsale transactions in 2024, with a median price of RM 888K and a median price per square foot (PSF) of RM 800.

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 888K, with most transactions falling within a stable range of RM 788K to RM 988K, and a typical market range of RM 813K to RM 963K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 800, with core pricing between RM 715 and RM 885. Market pricing typically extends from RM 716.50 to RM 883.50, reflecting moderate variation in unit pricing. With an IQR of RM 167.00 and MAD of RM 85, 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.