Southbay Residence
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 240,000
|
RM 354
|
678 sqft
|
|
|
|
Level 4
|
RM 230,000
|
RM 336
|
684 sqft
|
|
|
|
Level 5
|
RM 127,000
|
RM 187
|
678 sqft
|
|
|
Jalan Southbay 6
|
RM 1,300,000
|
RM 474
|
2,745 sqft
|
|
|
|
Jalan Southbay 6
|
RM 1,250,000
|
RM 455
|
2,745 sqft
|
|
|
|
Jalan Southbay 7
|
RM 1,088,000
|
RM 396
|
2,745 sqft
|
|
|
|
Jalan Southbay 2
|
RM 1,415,000
|
RM 516
|
2,745 sqft
|
|
|
|
Jalan Southbay 2
|
RM 1,100,000
|
RM 401
|
2,745 sqft
|
|
|
|
Jalan Southbay 6
|
RM 1,315,000
|
RM 479
|
2,745 sqft
|
|
|
Jalan Southbay 1
|
RM 1,650,000
|
RM 484
|
3,412 sqft
|
|
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Market Snapshot
ResidentialRM 1,200,000
RM 682 psfMedian transaction price
Southbay Residence, Residence Southbay, 11960 Batu Maung, Penang, Malaysia
MapsSouthbay Residence in Barat Daya, Penang recorded 32 subsale transactions between 2021 and 2026, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 484.
This area contains both residential and commercial properties. View 31 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.20 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.30 million, and a typical market range of RM 1.10 million to RM 1.31 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 484, with core pricing between RM 427 and RM 541. Market pricing typically extends from RM 417.69 to RM 549.44, reflecting moderate variation in unit pricing. With an IQR of RM 131.75 and MAD of RM 57, 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. Moderate transaction volume may require patience when buying or selling.