SOLARIA RESIDENCES

SOLARIA RESIDENCES in Barat Daya, Penang recorded 12 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 555.

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 640K, with most transactions falling within a stable range of RM 593K to RM 687K, and a typical market range of RM 602K to RM 679K.

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

The median PSF stands at RM 555, with core pricing between RM 498 and RM 611. Market pricing typically extends from RM 525.00 to RM 584.00, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 56, 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.