Area Intelligence

THE PROMENADE

26 properties
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Median Price
RM 500,000
PSF: RM 499

Residential Market

Median Price

RM 500,000

IQR: RM 86
MAD: RM 42
RM 492 PSF 2.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 775,000

RM 941 PSF

PSF Trends (2021-2025)

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.

Area Location

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THE PROMENADE, Barat Daya, Penang

OSM

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Transactions

26 properties found

Condo/Apartment
RM 400,000
678 sqft Nov 2024
RM 590.00 PSF
Condo/Apartment
RM 570,000
1,292 sqft Oct 2024
RM 441.00 PSF
Condo/Apartment
RM 440,000
980 sqft Jul 2024
RM 449.00 PSF
Condo/Apartment
RM 470,000
980 sqft Jul 2024
RM 480.00 PSF
Condo/Apartment
RM 480,000
850 sqft Jun 2024
RM 564.00 PSF
Condo/Apartment
RM 500,000
904 sqft Feb 2024
RM 553.00 PSF
Condo/Apartment
RM 500,000
904 sqft Feb 2024
RM 553.00 PSF
Condo/Apartment
RM 480,000
1,012 sqft Jan 2024
RM 474.00 PSF
Condo/Apartment
RM 365,000
678 sqft Dec 2023
RM 538.00 PSF
Condo/Apartment
RM 598,000
1,292 sqft Oct 2023
RM 463.00 PSF
Condo/Apartment
RM 350,000
678 sqft Aug 2023
RM 516.00 PSF
Condo/Apartment
RM 570,000
1,292 sqft Aug 2023
RM 441.00 PSF
Condo/Apartment
RM 570,000
1,178 sqft Jul 2023
RM 484.00 PSF
Condo/Apartment
RM 495,000
1,012 sqft May 2023
RM 489.00 PSF
Condo/Apartment
RM 725,000
1,292 sqft Mar 2023
RM 561.00 PSF
Condo/Apartment
RM 590,000
1,173 sqft Mar 2023
RM 503.00 PSF
Condo/Apartment
RM 589,000
1,012 sqft Mar 2023
RM 582.00 PSF
Condo/Apartment
RM 480,000
1,012 sqft Nov 2022
RM 474.00 PSF
Shop/Retail Lot
RM 851,000
904 sqft Oct 2022
RM 941.00 PSF
Shop/Retail Lot
RM 699,000
743 sqft Oct 2022
RM 941.00 PSF
Condo/Apartment
RM 500,000
1,109 sqft Oct 2022
RM 451.00 PSF
Condo/Apartment
RM 500,000
1,012 sqft Feb 2022
RM 494.00 PSF
Condo/Apartment
RM 440,000
1,012 sqft Dec 2021
RM 435.00 PSF
Condo/Apartment
RM 500,000
850 sqft Sep 2021
RM 588.00 PSF
Condo/Apartment
RM 770,000
1,647 sqft Jun 2021
RM 468.00 PSF
Condo/Apartment
RM 430,000
850 sqft Apr 2021
RM 506.00 PSF