THE SUN

Area Intelligence
2023
Median Price
RM 687,500
PSF: RM 589

Residential PSF Trends

Median Price

RM 687,500

PSF: RM 589

THE SUN in Barat Daya, Penang recorded 8 subsale transactions in 2023, with a median price of RM 688K and a median price per square foot (PSF) of RM 589.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 688K, with most transactions falling within a stable range of RM 643K to RM 733K, and a typical market range of RM 644K to RM 731K.

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

For price per square foot, the median is RM 589, with most transactions between RM 556 and RM 622. The usual range is RM 559.50 to RM 617.50, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 33, 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 SUN, Barat Daya, Penang

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