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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 30
|
RM 825,000
|
RM 483
|
1,708 sqft
|
|
Condo |
|
Level 2
|
RM 744,000
|
RM 680
|
1,094 sqft
|
|
Shop |
|
Level 3
|
RM 744,000
|
RM 680
|
1,094 sqft
|
|
Shop |
| 2024 | |||||
|
Level 12
|
RM 600,000
|
RM 540
|
1,111 sqft
|
|
Condo |
|
Level 4
|
RM 1,300,000
|
RM 630
|
2,064 sqft
|
|
Shop |
| 2023 | |||||
|
Level 3
|
RM 405,000
|
RM 320
|
1,268 sqft
|
|
Shop |
| 2022 | |||||
|
Level 13
|
RM 620,000
|
RM 558
|
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 7 subsale transactions between 2021 and 2026, with a median price of RM 744K and a median price per square foot (PSF) of RM 558.
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 620K to RM 868K, 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.
The median PSF stands at RM 558, with core pricing between RM 483 and RM 633. Market pricing typically extends from RM 486.34 to RM 629.84, reflecting moderate variation in unit pricing. With an IQR of RM 143.50 and MAD of RM 75, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.