PUTRA PLACE CONDOMINIUM

PUTRA 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 483K to RM 525K.

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 562 and RM 650. The usual range is RM 586.00 to RM 626.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 44 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.