Palm Garden
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tingkat Kenari 3
|
RM880,000
|
RM475
|
1,851 sqft
|
|
|
|
Tingkat Kenari 1
|
RM950,000
|
RM513
|
1,851 sqft
|
|
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Palm Garden
PSF median price per sq ft · 12m its change over the past 12 months
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Does PALM GARDEN rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Palm Garden, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsPalm Garden in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM915K and a median price per square foot (PSF) of RM513.
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 RM915K, with most transactions falling within a stable range of RM880K to RM950K, and a typical market range of RM898K to RM933K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM513, with most transactions between RM491 and RM536. The usual range is RM501.88 to RM524.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM22.50 and an average deviation (MAD) of RM23 indicate a highly stable PSF trend across properties.
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.