THE PROMENADE

THE PROMENADE in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 470K and a median price per square foot (PSF) of RM 487.

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 487, with most transactions between RM 487 and RM 487. The usual range is RM 442.25 to RM 531.75, 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.