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Penang, Barat Daya, 12

THE LOFT @ SOUTHBAY CITY

Area Intelligence
Median Price
RM 892,000
PSF: RM 740
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Residential PSF Trends

Median Price

RM 892,000

PSF: RM 740

THE LOFT @ SOUTHBAY CITY in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 892K and a median price per square foot (PSF) of RM 740.

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 892K, with most transactions falling within a stable range of RM 700K to RM 1.13 million, and a typical market range of RM 725K to RM 1.06 million.

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

The median PSF stands at RM 740, with core pricing between RM 596 and RM 884. Market pricing typically extends from RM 646.63 to RM 833.38, reflecting moderate variation in unit pricing. The spread of RM 186.75 (IQR) and deviation of RM 144 (MAD) suggest moderate price variations reflecting different property features.

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

5 transactions grouped by size

View Type

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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
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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