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 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 |
| 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 4 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM 682K and a median price per square foot (PSF) of RM 619.
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 682K, with most transactions falling within a stable range of RM 615K to RM 744K, and a typical market range of RM 600K to RM 744K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM 619, with core pricing between RM 553 and RM 685. Market pricing typically extends from RM 547.29 to RM 690.79, reflecting moderate variation in unit pricing. With an IQR of RM 143.50 and MAD of RM 66, 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.