Southbay Plaza

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

Property Transactions

3 subsales grouped by size

Median
RM 744,000
PSF
RM 680
Price Size
1,100 sqft
Shop
RM 744,000
Level 2
1,094 sqft · RM 680 PSF
RM 744,000
Level 3
1,094 sqft · RM 680 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
© OpenStreetMap · CARTO

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

Maps

Southbay Plaza in Barat Daya, Penang recorded 3 subsale transactions in 2025, with a median price of RM 744K and a median price per square foot (PSF) of RM 680.

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 744K to RM 782K, and a typical market range of RM 744K to RM 825K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 680, with core pricing between RM 587 and RM 773. Market pricing typically extends from RM 608.25 to RM 751.75, reflecting moderate variation in unit pricing. With an IQR of RM 143.50 and MAD of RM 93, 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.