Southbay Plaza

Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 620,000
PSF
RM 540
Price Size
1,100 sqft
Condo
RM 600,000
Level 12
1,111 sqft · RM 540 PSF
RM 620,000
Level 13
1,111 sqft · RM 558 PSF
1,700 sqft
Condo
RM 825,000
Level 30
1,708 sqft · RM 483 PSF
Legend Recent Highest Price Highest PSF
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Southbay Plaza
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Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Southbay Plaza in Barat Daya, Penang recorded 3 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM 620K and a median price per square foot (PSF) of RM 540.

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 620K, with most transactions falling within a stable range of RM 600K to RM 722K, and a typical market range of RM 600K to RM 707K.

Within the Condo/Apartment category, shop unit/retail lot dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 540, with most transactions between RM 508 and RM 572. The usual range is RM 468.33 to RM 611.83, showing that most units are priced quite close to each other. With an IQR of RM 143.50 and MAD of RM 32, 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.