Putra Place Condominium
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 7
|
RM 480,000
|
RM 587
|
818 sqft
|
|
Condo |
|
Level 7
|
RM 580,000
|
RM 709
|
818 sqft
|
|
Condo |
|
Level 5
|
RM 468,000
|
RM 572
|
818 sqft
|
|
Condo |
|
Level 12
|
RM 498,000
|
RM 609
|
818 sqft
|
|
Condo |
|
Level 12
|
RM 540,000
|
RM 660
|
818 sqft
|
|
Condo |
|
Level 16
|
RM 493,000
|
RM 603
|
818 sqft
|
|
Condo |
|
Level 17
|
RM 688,000
|
RM 571
|
1,206 sqft
|
|
Condo |
|
Level 16
|
RM 510,000
|
RM 623
|
818 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 504,000
RM 606 psfMedian transaction price
Putra Place Condominium, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsPutra Place Condominium in Barat Daya, Penang recorded 8 subsale transactions in 2024, with a median price of RM 504K and a median price per square foot (PSF) of RM 606.
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 504K, with most transactions falling within a stable range of RM 468K to RM 572K, and a typical market range of RM 478K to RM 530K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 606, with most transactions between RM 561 and RM 650. The usual range is RM 575.20 to RM 636.20, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 44, 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.