The Loft @ Southbay City
11960 Batu Maung, Penang, Malaysia
11960 Batu Maung, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 21
|
RM380,000
|
RM706
|
538 sqft
|
|
|
|
Level 10
|
RM364,000
|
RM676
|
538 sqft
|
|
|
Level 7
|
RM550,000
|
RM681
|
807 sqft
|
|
|
|
Level 7
|
RM681,000
|
RM844
|
807 sqft
|
|
|
Level 19
|
RM994,000
|
RM825
|
1,206 sqft
|
|
|
|
Level 8
|
RM892,000
|
RM740
|
1,206 sqft
|
|
|
Level 19
|
RM700,000
|
RM529
|
1,324 sqft
|
|
|
Level 8
|
RM855,000
|
RM530
|
1,615 sqft
|
|
|
|
Level 27
|
RM1,400,000
|
RM867
|
1,615 sqft
|
|
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The Loft @ Southbay City
PSF median price per sq ft · 12m its change over the past 12 months
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11960 Batu Maung, Penang, Malaysia
MapsThe Loft @ Southbay City in Barat Daya, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM691K and a median price per square foot (PSF) of RM706.
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 RM691K, with most transactions falling within a stable range of RM528K to RM853K, and a typical market range of RM523K to RM858K.
Most transactions involved serviced apartment, with minimal variety in property types.
The median PSF stands at RM706, with core pricing between RM604 and RM809. Market pricing typically extends from RM612.69 to RM799.44, reflecting moderate variation in unit pricing. With an IQR of RM186.75 and MAD of RM103, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.