THE PROMENADE

Area Intelligence
Median Price
RM 475,000
PSF: RM 553

Residential PSF Trends

Median Price

RM 455,000

PSF: RM 546

Commercial PSF Trends

Median Price

RM 775,000

RM 941 PSF

THE PROMENADE in Barat Daya, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 475K and a median price per square foot (PSF) of RM 553.

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 475K, with most transactions falling within a stable range of RM 350K to RM 611K, and a typical market range of RM 419K to RM 531K.

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

Price per square foot shows a median of RM 553, though individual units vary from RM 396 to RM 710 in the core range. The broader market spans RM 508.25 to RM 597.75, indicating diverse property characteristics. A wider spread (IQR: RM 89.50) and deviation (MAD: RM 157) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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THE PROMENADE, Barat Daya, Penang

OSM

Track location

Transactions

12 transactions found

RM 400,000
Level 24
678 sqft RM 590.00 PSF
RM 470,000
Level 23
980 sqft RM 480.00 PSF
RM 440,000
Level 27
980 sqft RM 449.00 PSF
RM 480,000
Level 15
850 sqft RM 564.00 PSF
RM 500,000
Level 18
904 sqft RM 553.00 PSF
RM 500,000
Level 21
904 sqft RM 553.00 PSF
RM 365,000
Level 8
678 sqft RM 538.00 PSF
RM 350,000
Level 18
678 sqft RM 516.00 PSF
RM 699,000
Level MZ
743 sqft RM 941.00 PSF
RM 851,000
Level G
904 sqft RM 941.00 PSF
RM 500,000
Level 16
850 sqft RM 588.00 PSF
RM 430,000
Level 9
850 sqft RM 506.00 PSF

No Properties For Sale

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

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