SOUTHBAY RESIDENCE

SOUTHBAY RESIDENCE in Barat Daya, Penang recorded 3 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 230K and a median price per square foot (PSF) of RM 336.

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 230K, with most transactions falling within a stable range of RM 179K to RM 240K, and a typical market range of RM 127K to RM 240K.

Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 336, though individual units vary from RM 261 to RM 411 in the core range. The broader market spans RM 267.50 to RM 404.50, indicating diverse property characteristics. The spread of RM 137.00 (IQR) and deviation of RM 75 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.