THE LOFT @ SOUTHBAY CITY

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.