SOUTHBAY RESIDENCE

SOUTHBAY RESIDENCE in Barat Daya, Penang recorded 18 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 724.

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 1.09 million to RM 1.32 million, and a typical market range of RM 1.09 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 724, with most transactions between RM 653 and RM 795. The usual range is RM 655.50 to RM 792.50, showing that most units are priced quite close to each other. With an IQR of RM 137.00 and MAD of RM 71, 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.