LIST

Penang, Barat Daya, 12

THE PROMENADE

Area Intelligence
2022
Median Price
RM 500,000
PSF: RM 494
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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 474

Commercial PSF Trends

Median Price

RM 775,000

RM 941 PSF

THE PROMENADE in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 494.

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 480K to RM 646K, and a typical market range of RM 480K to RM 556K.

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

Price per square foot shows a median of RM 494, though individual units vary from RM 264 to RM 724 in the core range. The broader market spans RM 449.25 to RM 538.75, indicating diverse property characteristics. A wider spread (IQR: RM 89.50) and deviation (MAD: RM 230) 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

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
750 sqft
Shop/Retail Lot
RM 699,000
Level MZ
743 sqft · RM 941 PSF
900 sqft
Shop/Retail Lot
RM 851,000
Level G
904 sqft · RM 941 PSF
1,000 sqft
Condo/Apartment
RM 500,000
Level 24
1,012 sqft · RM 494 PSF
1,100 sqft
Condo/Apartment
RM 500,000
Level 10
1,109 sqft · RM 451 PSF

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

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