THE PROMENADE

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.