Sathu Terrace @ One Residence
Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Solok Rajawali 1
|
RM 980,000
|
RM 444
|
2,207 sqft
|
|
2-Sty Terrace |
|
Lorong Rajawali 1
|
RM 650,000
|
RM 295
|
2,207 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 815,000
RM 369 psfMedian transaction price
Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSathu Terrace @ One Residence in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 815K and a median price per square foot (PSF) of RM 369.
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 815K, with most transactions falling within a stable range of RM 650K to RM 980K, and a typical market range of RM 650K to RM 980K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 369, though individual units vary from RM 295 to RM 444 in the core range. The broader market spans RM 302.10 to RM 436.60, indicating diverse property characteristics. The spread of RM 134.50 (IQR) and deviation of RM 75 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.