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Penang, Barat Daya, 12

THE LOFT @ SOUTHBAY CITY

Area Intelligence
Median Price
RM 530,000
PSF: RM 681
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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 681

THE LOFT @ SOUTHBAY CITY in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 681.

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 530K, with most transactions falling within a stable range of RM 392K to RM 668K, and a typical market range of RM 364K to RM 697K.

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

The median PSF stands at RM 681, with core pricing between RM 599 and RM 763. Market pricing typically extends from RM 587.63 to RM 774.38, reflecting moderate variation in unit pricing. With an IQR of RM 186.75 and MAD of RM 82, 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

7 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
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

No Properties For Sale

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

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