Penang
Barat Daya
12
THE LOFT @ SOUTHBAY CITY

THE LOFT @ SOUTHBAY CITY

Area Intelligence

Median Price

RM 873,500

PSF: RM 773

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 873,500

PSF: RM 773

THE LOFT @ SOUTHBAY CITY in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2025, priced between RM 750K and RM 1.00 million, with a median price of RM 874K and a median price per square foot (PSF) of RM 773.

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 874K, with most transactions falling within a stable range of RM 796K to RM 951K, and a typical market range of RM 780K to RM 994K.

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

The median PSF stands at RM 773, with core pricing between RM 656 and RM 890. Market pricing typically extends from RM 679.16 to RM 865.91, reflecting moderate variation in unit pricing. The spread of RM 186.75 (IQR) and deviation of RM 117 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

THE LOFT @ SOUTHBAY CITY, Barat Daya, Penang

OSM