Penang
Barat Daya
12
THE PROMENADE

THE PROMENADE

Area Intelligence

Median Price

RM 570,000

PSF: RM 474

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Residential PSF Trends

Median Price

RM 570,000

PSF: RM 474

Commercial PSF Trends

Median Price

RM 775,000

RM 941 PSF

THE PROMENADE in Barat Daya, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 570K and a median price per square foot (PSF) of RM 474.

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 570K, with most transactions falling within a stable range of RM 549K to RM 500K, and a typical market range of RM 514K to RM 500K.

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

For price per square foot, the median is RM 474, with most transactions between RM 453 and RM 495. The usual range is RM 429.25 to RM 518.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 21, 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

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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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

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Road	Price	Land PSF	Land	Date	Type

1,000 sqft

Condo/Apartment

1,000 sqft

Condo/Apartment

RM 480,000

Level 9

1,012 sqft · RM 474 PSF

Jan 2024

RM 495,000

Level 7

1,012 sqft · RM 489 PSF

May 2023

RM 480,000

Level 21

1,012 sqft · RM 474 PSF

Nov 2022

RM 500,000

Level 24

1,012 sqft · RM 494 PSF

Feb 2022

RM 440,000

Level 20

1,012 sqft · RM 435 PSF

Dec 2021

Level 9	RM 480,000	RM 474	1,012 sqft	Jan 2024
Level 7	RM 495,000	RM 489	1,012 sqft	May 2023
Level 21	RM 480,000	RM 474	1,012 sqft	Nov 2022
Level 24	RM 500,000	RM 494	1,012 sqft	Feb 2022
Level 20	RM 440,000	RM 435	1,012 sqft	Dec 2021