PUTRA PLACE CONDOMINIUM

PUTRA PLACE CONDOMINIUM in Barat Daya, Penang recorded 7 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 611.

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 500K, with most transactions falling within a stable range of RM 435K to RM 611K, and a typical market range of RM 479K to RM 521K.

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

The median PSF stands at RM 611, with core pricing between RM 549 and RM 674. Market pricing typically extends from RM 591.00 to RM 631.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 63, 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.