THE PROMENADE

Area Intelligence
Median Price
RM 500,000
PSF: RM 499

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 492

Commercial PSF Trends

Median Price

RM 775,000

RM 941 PSF

THE PROMENADE in Barat Daya, Penang recorded 26 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 499.

This area contains both residential and commercial properties. View 24 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 430K to RM 570K, and a typical market range of RM 444K to RM 556K.

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

For price per square foot, the median is RM 499, with most transactions between RM 450 and RM 547. The usual range is RM 453.75 to RM 543.25, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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THE PROMENADE, Barat Daya, Penang

OSM

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Transactions

26 transactions grouped by size

700 sqft
Condo/Apartment
RM 400,000
Level 24
678 sqft · RM 590 PSF
RM 365,000
Level 8
678 sqft · RM 538 PSF
RM 350,000
Level 18
678 sqft · RM 516 PSF
750 sqft
Shop/Retail Lot
RM 699,000
Level MZ
743 sqft · RM 941 PSF
850 sqft
Condo/Apartment
RM 480,000
Level 15
850 sqft · RM 564 PSF
RM 500,000
Level 16
850 sqft · RM 588 PSF
RM 430,000
Level 9
850 sqft · RM 506 PSF
900 sqft
RM 500,000
Level 21
904 sqft · RM 553 PSF
RM 500,000
Level 18
904 sqft · RM 553 PSF
RM 851,000
Level G
904 sqft · RM 941 PSF
1,000 sqft
Condo/Apartment
RM 440,000
Level 27
980 sqft · RM 449 PSF
RM 470,000
Level 23
980 sqft · RM 480 PSF
RM 480,000
Level 9
1,012 sqft · RM 474 PSF
RM 495,000
Level 7
1,012 sqft · RM 489 PSF
RM 589,000
Level 27
1,012 sqft · RM 582 PSF
RM 480,000
Level 21
1,012 sqft · RM 474 PSF
RM 500,000
Level 24
1,012 sqft · RM 494 PSF
RM 440,000
Level 20
1,012 sqft · RM 435 PSF
1,100 sqft
Condo/Apartment
RM 500,000
Level 10
1,109 sqft · RM 451 PSF
1,150 sqft
Condo/Apartment
RM 590,000
Level 22
1,173 sqft · RM 503 PSF
1,200 sqft
Condo/Apartment
RM 570,000
Level 8
1,178 sqft · RM 484 PSF
1,300 sqft
Condo/Apartment
RM 570,000
Level 8
1,292 sqft · RM 441 PSF
RM 598,000
Level 18
1,292 sqft · RM 463 PSF
RM 570,000
Level 11
1,292 sqft · RM 441 PSF
RM 725,000
Level 27
1,292 sqft · RM 561 PSF
1,650 sqft
Condo/Apartment
RM 770,000
Level 20
1,647 sqft · RM 468 PSF

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

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