| Road | Price | PSF | Size | Date | Type |
|---|
|
Lebuhraya Batu Maung
|
RM 900,000
|
RM 557
|
1,615 sqft
|
|
|
|
Lebuhraya Batu Maung
|
RM 850,000
|
RM 526
|
1,615 sqft
|
|
|
|
Tingkat Batu Maung
|
RM 800,000
|
RM 495
|
1,615 sqft
|
|
|
|
Lebuh Batu Maung 7
|
RM 725,000
|
RM 449
|
1,615 sqft
|
|
|
Lebuhraya Batu Maung
|
RM 850,000
|
RM 274
|
3,100 sqft
|
|
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Market Snapshot
ResidentialRM 850,000
RM 495 psfMedian transaction price
348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsTaman Sri Mewah in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 495.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 850K, with most transactions falling within a stable range of RM 791K to RM 900K, and a typical market range of RM 764K to RM 900K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 495, though individual units vary from RM 396 to RM 595 in the core range. The broader market spans RM 417.23 to RM 573.73, indicating diverse property characteristics. The spread of RM 156.50 (IQR) and deviation of RM 100 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.