THE PROMENADE

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 500K to RM 640K, and a typical market range of RM 514K to RM 626K.

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

The median PSF stands at RM 474, with core pricing between RM 426 and RM 523. Market pricing typically extends from RM 429.25 to RM 518.75, reflecting moderate variation in unit pricing. 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. 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.