Southbay Plaza
Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia
Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 744,000
|
RM 680
|
1,094 sqft
|
|
Shop |
|
Level 3
|
RM 744,000
|
RM 680
|
1,094 sqft
|
|
Shop |
|
Level 12
|
RM 600,000
|
RM 540
|
1,111 sqft
|
|
Condo |
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Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia
MapsSouthbay Plaza in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 744K and a median price per square foot (PSF) of RM 585.
This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 744K, with most transactions falling within a stable range of RM 471K to RM 1.02 million, and a typical market range of RM 657K to RM 831K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 585, though individual units vary from RM 457 to RM 713 in the core range. The broader market spans RM 513.23 to RM 656.73, indicating diverse property characteristics. The spread of RM 143.50 (IQR) and deviation of RM 128 (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.