Penang
Barat Daya
12
THE SUN

THE SUN

Area Intelligence

2024

Median Price

RM 705,000

PSF: RM 587

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Residential PSF Trends

Median Price

RM 705,000

PSF: RM 587

THE SUN in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 705K and a median price per square foot (PSF) of RM 587.

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 705K, with most transactions falling within a stable range of RM 654K to RM 490K, and a typical market range of RM 662K to RM 490K.

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

For price per square foot, the median is RM 587, with most transactions between RM 556 and RM 618. The usual range is RM 557.50 to RM 615.50, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 31, 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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