PENANG VILLAGE

PENANG VILLAGE in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 630K and a median price per square foot (PSF) of RM 322.

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 630K, with most transactions falling within a stable range of RM 500K to RM 760K, and a typical market range of RM 600K to RM 660K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 322, with core pricing between RM 286 and RM 357. Market pricing typically extends from RM 307.50 to RM 335.50, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 36, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.