LIST

Penang, Barat Daya, 12

THE LOFT @ SOUTHBAY CITY

Area Intelligence
Median Price
RM 690,500
PSF: RM 694
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Residential PSF Trends

Median Price

RM 690,500

PSF: RM 694

THE LOFT @ SOUTHBAY CITY in Barat Daya, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 691K and a median price per square foot (PSF) of RM 694.

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 691K, with most transactions falling within a stable range of RM 528K to RM 853K, and a typical market range of RM 523K to RM 858K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 694, with core pricing between RM 591 and RM 796. Market pricing typically extends from RM 600.13 to RM 786.88, reflecting moderate variation in unit pricing. With an IQR of RM 186.75 and MAD of RM 103, 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.

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THE LOFT @ SOUTHBAY CITY, Barat Daya, Penang

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Transactions

12 transactions grouped by size

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Grouped View Individual View
550 sqft
Service Apartment
RM 380,000
Level 21
538 sqft · RM 706 PSF
RM 364,000
Level 10
538 sqft · RM 676 PSF
800 sqft
Service Apartment
RM 550,000
Level 7
807 sqft · RM 681 PSF
RM 681,000
Level 7
807 sqft · RM 844 PSF
850 sqft
Service Apartment
RM 530,000
Level 11
840 sqft · RM 631 PSF
900 sqft
Service Apartment
RM 530,000
Level 19
883 sqft · RM 600 PSF
950 sqft
Service Apartment
RM 780,000
Level 16
969 sqft · RM 805 PSF
1,200 sqft
Service Apartment
RM 994,000
Level 19
1,206 sqft · RM 825 PSF
RM 892,000
Level 8
1,206 sqft · RM 740 PSF
1,300 sqft
Service Apartment
RM 700,000
Level 19
1,324 sqft · RM 529 PSF
1,600 sqft
Service Apartment
RM 855,000
Level 8
1,615 sqft · RM 530 PSF
RM 1,400,000
Level 27
1,615 sqft · RM 867 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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