Penang
Barat Daya
12
THE SUN

THE SUN

Area Intelligence

2023

Median Price

RM 800,000

PSF: RM 625

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Residential PSF Trends

Median Price

RM 800,000

PSF: RM 625

THE SUN in Barat Daya, Penang recorded 3 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 800K and a median price per square foot (PSF) of RM 625.

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 800K, with most transactions falling within a stable range of RM 778K to RM 800K, and a typical market range of RM 757K to RM 800K.

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

The median PSF stands at RM 625, with core pricing between RM 559 and RM 690. Market pricing typically extends from RM 595.72 to RM 653.72, reflecting moderate variation in unit pricing. With an IQR of RM 58.00 and MAD of RM 66, 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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