Penang
Barat Daya
12
PRESTIGE V

PRESTIGE V

Area Intelligence

2022

Median Price

RM 1,120,000

PSF: RM 445

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Residential PSF Trends

Median Price

RM 1,120,000

PSF: RM 445

PRESTIGE V in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.12 million and a median price per square foot (PSF) of RM 445.

This area contains both residential and commercial properties. View 5 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.12 million, with most transactions falling within a stable range of RM 850K to RM 1.39 million, and a typical market range of RM 934K to RM 1.31 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 445, though individual units vary from RM 338 to RM 552 in the core range. The broader market spans RM 427.75 to RM 462.25, indicating diverse property characteristics. The spread of RM 34.50 (IQR) and deviation of RM 107 (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.

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PRESTIGE V, Barat Daya, Penang

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