SOLARIA RESIDENCES

SOLARIA RESIDENCES in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 575K and a median price per square foot (PSF) of RM 529.

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 575K, with most transactions falling within a stable range of RM 535K to RM 615K, and a typical market range of RM 537K to RM 614K.

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

For price per square foot, the median is RM 529, with most transactions between RM 489 and RM 569. The usual range is RM 499.50 to RM 558.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 40, 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.