Penang
Barat Daya
12
THE PROMENADE

THE PROMENADE

Area Intelligence

2021

Median Price

RM 465,000

PSF: RM 547

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 547

Commercial PSF Trends

Median Price

RM 775,000

RM 941 PSF

THE PROMENADE in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 465K and a median price per square foot (PSF) of RM 547.

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 465K, with most transactions falling within a stable range of RM 430K to RM 500K, and a typical market range of RM 430K to RM 500K.

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

For price per square foot, the median is RM 547, with most transactions between RM 506 and RM 588. The usual range is RM 502.25 to RM 591.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 41, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

THE PROMENADE, Barat Daya, Penang

OSM