Penang
Barat Daya
12
SOUTHBAY RESIDENCE

Area Intelligence

12, Barat Daya, Penang

SOUTHBAY RESIDENCE

30 properties

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Median Price

RM 1,200,000

PSF: RM 681

Residential Market

Median Price

RM 1,200,000

IQR: RM 137

MAD: RM 61

RM 679 PSF 4.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 380,000

RM 735 PSF

PSF Trends (2021-2025)

SOUTHBAY RESIDENCE in Barat Daya, Penang recorded 30 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 681.

This area contains both residential and commercial properties. View 29 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 1.31 million, and a typical market range of RM 1.08 million to RM 1.33 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 681, with most transactions between RM 621 and RM 741. The usual range is RM 612.00 to RM 749.00, showing that most units are priced quite close to each other. With an IQR of RM 137.00 and MAD of RM 60, 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.

Area Location

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SOUTHBAY RESIDENCE, Barat Daya, Penang

OSM

Filter by type, year, price, and size

Property Type

All Types Double Storey Terraced Flat Shop/Retail Lot

Year

All Years 2024 2023 2022

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

30 properties found

View:

Grouped Individual

Flat

RM 240,000

678 sqft Oct 2024

RM 354.00 PSF

Shop/Retail Lot

RM 380,000

517 sqft Jul 2024

RM 735.00 PSF

Double Storey Terraced JALAN SOUTHBAY 7

RM 1,088,000

1,658 sqft Jul 2024

RM 656.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,415,000

2,411 sqft Jun 2024

RM 587.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,100,000

1,658 sqft Jun 2024

RM 664.00 PSF

Double Storey Terraced JALAN SOUTHBAY 6

RM 1,315,000

1,658 sqft May 2024

RM 793.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,600,000

1,658 sqft Apr 2024

RM 965.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,090,000

1,658 sqft Feb 2024

RM 658.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,130,000

1,658 sqft Sep 2023

RM 682.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,200,000

1,658 sqft Sep 2023

RM 724.00 PSF

Double Storey Terraced JALAN SOUTHBAY 6

RM 1,100,000

1,658 sqft Aug 2023

RM 664.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,300,000

1,658 sqft Jul 2023

RM 784.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,280,000

1,658 sqft Jul 2023

RM 772.00 PSF

Flat

RM 230,000

684 sqft Jul 2023

RM 336.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,180,000

1,658 sqft Jun 2023

RM 712.00 PSF

Double Storey Terraced JALAN SOUTHBAY 4

RM 1,125,000

1,658 sqft Mar 2023

RM 679.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,850,000

2,982 sqft Feb 2023

RM 620.00 PSF

Double Storey Terraced JALAN SOUTHBAY 4

RM 1,270,000

1,658 sqft Dec 2022

RM 766.00 PSF

Double Storey Terraced JALAN SOUTHBAY 4

RM 1,370,000

1,851 sqft Dec 2022

RM 740.00 PSF

Double Storey Terraced JALAN SOUTHBAY 5

RM 1,638,000

3,003 sqft Nov 2022

RM 545.00 PSF

Double Storey Terraced JALAN SOUTHBAY 1

RM 1,650,000

3,326 sqft Oct 2022

RM 496.00 PSF

Flat

RM 127,000

678 sqft Oct 2022

RM 187.00 PSF

Double Storey Terraced JALAN SOUTHBAY 4

RM 1,200,000

1,658 sqft Aug 2022

RM 724.00 PSF

Double Storey Terraced JALAN SOUTHBAY 3

RM 1,250,000

1,658 sqft Jun 2022

RM 754.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,200,000

1,658 sqft Jun 2022

RM 724.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,730,000

3,574 sqft Apr 2022

RM 484.00 PSF

Double Storey Terraced JALAN SOUTHBAY 2

RM 1,800,000

3,337 sqft Apr 2022

RM 539.00 PSF

Double Storey Terraced JALAN SOUTHBAY 1

RM 1,200,000

1,808 sqft Mar 2022

RM 664.00 PSF

Double Storey Terraced JALAN SOUTHBAY 4

RM 1,200,000

1,658 sqft Jan 2022

RM 724.00 PSF

Double Storey Terraced JALAN SOUTHBAY 3

RM 1,200,000

1,658 sqft Jan 2022

RM 724.00 PSF

Type	Road	Price	PSF	Area	Date
Flat		RM 240,000	RM 354.00	678 sqft	Oct 2024
Shop/Retail Lot		RM 380,000	RM 735.00	517 sqft	Jul 2024
Double Storey Terraced	JALAN SOUTHBAY 7	RM 1,088,000	RM 656.00	1,658 sqft	Jul 2024
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,415,000	RM 587.00	2,411 sqft	Jun 2024
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,100,000	RM 664.00	1,658 sqft	Jun 2024
Double Storey Terraced	JALAN SOUTHBAY 6	RM 1,315,000	RM 793.00	1,658 sqft	May 2024
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,600,000	RM 965.00	1,658 sqft	Apr 2024
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,090,000	RM 658.00	1,658 sqft	Feb 2024
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,130,000	RM 682.00	1,658 sqft	Sep 2023
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,200,000	RM 724.00	1,658 sqft	Sep 2023
Double Storey Terraced	JALAN SOUTHBAY 6	RM 1,100,000	RM 664.00	1,658 sqft	Aug 2023
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,300,000	RM 784.00	1,658 sqft	Jul 2023
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,280,000	RM 772.00	1,658 sqft	Jul 2023
Flat		RM 230,000	RM 336.00	684 sqft	Jul 2023
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,180,000	RM 712.00	1,658 sqft	Jun 2023
Double Storey Terraced	JALAN SOUTHBAY 4	RM 1,125,000	RM 679.00	1,658 sqft	Mar 2023
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,850,000	RM 620.00	2,982 sqft	Feb 2023
Double Storey Terraced	JALAN SOUTHBAY 4	RM 1,270,000	RM 766.00	1,658 sqft	Dec 2022
Double Storey Terraced	JALAN SOUTHBAY 4	RM 1,370,000	RM 740.00	1,851 sqft	Dec 2022
Double Storey Terraced	JALAN SOUTHBAY 5	RM 1,638,000	RM 545.00	3,003 sqft	Nov 2022
Double Storey Terraced	JALAN SOUTHBAY 1	RM 1,650,000	RM 496.00	3,326 sqft	Oct 2022
Flat		RM 127,000	RM 187.00	678 sqft	Oct 2022
Double Storey Terraced	JALAN SOUTHBAY 4	RM 1,200,000	RM 724.00	1,658 sqft	Aug 2022
Double Storey Terraced	JALAN SOUTHBAY 3	RM 1,250,000	RM 754.00	1,658 sqft	Jun 2022
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,200,000	RM 724.00	1,658 sqft	Jun 2022
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,730,000	RM 484.00	3,574 sqft	Apr 2022
Double Storey Terraced	JALAN SOUTHBAY 2	RM 1,800,000	RM 539.00	3,337 sqft	Apr 2022
Double Storey Terraced	JALAN SOUTHBAY 1	RM 1,200,000	RM 664.00	1,808 sqft	Mar 2022
Double Storey Terraced	JALAN SOUTHBAY 4	RM 1,200,000	RM 724.00	1,658 sqft	Jan 2022
Double Storey Terraced	JALAN SOUTHBAY 3	RM 1,200,000	RM 724.00	1,658 sqft	Jan 2022