THE PROMENADE

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 405K to RM 545K, and a typical market range of RM 419K to RM 531K.

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 505 and RM 602. 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 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. Limited transaction history suggests carefully evaluating comparable sales data.