Southbay Residence
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
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 1,250,000
RM 455 psfMedian transaction price
Southbay Residence, Residence Southbay, 11960 Batu Maung, Penang, Malaysia
MapsSouthbay Residence in Barat Daya, Penang recorded 28 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 455.
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 1.25 million, with most transactions falling within a stable range of RM 1.09 million to RM 1.47 million, and a typical market range of RM 1.15 million to RM 1.36 million.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
The median PSF stands at RM 455, with core pricing between RM 378 and RM 533. Market pricing typically extends from RM 389.54 to RM 521.29, reflecting moderate variation in unit pricing. The spread of RM 131.75 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.
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.