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.

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

For price per square foot, the median is RM 553, with most transactions between RM 553 and RM 553. The usual range is RM 508.25 to RM 597.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 0, 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.

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THE PROMENADE, Barat Daya, Penang

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Transactions

12 transactions grouped by size

700 sqft
Condo/Apartment
RM 400,000
Level 24
678 sqft · RM 590 PSF
RM 365,000
Level 8
678 sqft · RM 538 PSF
RM 350,000
Level 18
678 sqft · RM 516 PSF
750 sqft
Shop/Retail Lot
RM 699,000
Level MZ
743 sqft · RM 941 PSF
850 sqft
Condo/Apartment
RM 480,000
Level 15
850 sqft · RM 564 PSF
RM 500,000
Level 16
850 sqft · RM 588 PSF
RM 430,000
Level 9
850 sqft · RM 506 PSF
900 sqft
RM 500,000
Level 18
904 sqft · RM 553 PSF
RM 500,000
Level 21
904 sqft · RM 553 PSF
RM 851,000
Level G
904 sqft · RM 941 PSF
1,000 sqft
Condo/Apartment
RM 470,000
Level 23
980 sqft · RM 480 PSF
RM 440,000
Level 27
980 sqft · RM 449 PSF

No Properties For Sale

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

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