Penang
Barat Daya
12
THE SUN

THE SUN

Area Intelligence

2022

Median Price

RM 706,000

PSF: RM 579

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Residential PSF Trends

Median Price

RM 706,000

PSF: RM 579

THE SUN in Barat Daya, Penang recorded 4 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 706K and a median price per square foot (PSF) of RM 579.

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 706K, with most transactions falling within a stable range of RM 672K to RM 740K, and a typical market range of RM 663K to RM 744K.

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

The median PSF stands at RM 579, with core pricing between RM 518 and RM 640. Market pricing typically extends from RM 550.32 to RM 608.32, reflecting moderate variation in unit pricing. With an IQR of RM 58.00 and MAD of RM 61, 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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