LIST

Penang, Barat Daya, 12

THE PROMENADE

Area Intelligence
2023
Median Price
RM 589,000
PSF: RM 489
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Residential PSF Trends

Median Price

RM 589,000

PSF: RM 489

Commercial PSF Trends

Median Price

RM 775,000

RM 941 PSF

THE PROMENADE in Barat Daya, Penang recorded 7 subsale transactions in 2023, with a median price of RM 589K and a median price per square foot (PSF) of RM 489.

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 589K, with most transactions falling within a stable range of RM 526K to RM 652K, and a typical market range of RM 533K to RM 645K.

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

For price per square foot, the median is RM 489, with most transactions between RM 442 and RM 536. The usual range is RM 444.25 to RM 533.75, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 47, 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

OSM

Track location

Transactions

7 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Custom Range
Clear
1,000 sqft
Condo/Apartment
RM 495,000
Level 7
1,012 sqft · RM 489 PSF
RM 589,000
Level 27
1,012 sqft · RM 582 PSF
1,150 sqft
Condo/Apartment
RM 590,000
Level 22
1,173 sqft · RM 503 PSF
1,200 sqft
Condo/Apartment
RM 570,000
Level 8
1,178 sqft · RM 484 PSF
1,300 sqft
Condo/Apartment
RM 598,000
Level 18
1,292 sqft · RM 463 PSF
RM 570,000
Level 11
1,292 sqft · RM 441 PSF
RM 725,000
Level 27
1,292 sqft · RM 561 PSF

No Properties For Sale

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

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