Solaria Residences
Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 11
|
RM 580,000
|
RM 534
|
1,087 sqft
|
|
|
|
Level 12
|
RM 570,000
|
RM 524
|
1,087 sqft
|
|
|
|
Level 11
|
RM 550,000
|
RM 501
|
1,098 sqft
|
|
|
|
Level 18
|
RM 630,000
|
RM 579
|
1,087 sqft
|
|
|
|
Level 13
|
RM 499,000
|
RM 454
|
1,098 sqft
|
|
|
|
Level 8
|
RM 560,000
|
RM 515
|
1,087 sqft
|
|
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Market Snapshot
ResidentialRM 565,000
RM 520 psfMedian transaction price
Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSolaria Residences in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 565K and a median price per square foot (PSF) of RM 520.
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 565K, with most transactions falling within a stable range of RM 526K to RM 604K, and a typical market range of RM 527K to RM 604K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 520, with most transactions between RM 482 and RM 557. The usual range is RM 490.21 to RM 549.21, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 37, 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.