Ramah Pavilion
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2026 | |||||
|
Level 32
|
RM 350,000
|
RM 361
|
969 sqft
|
|
Condo |
| 2025 | |||||
|
Level 17
|
RM 422,000
|
RM 400
|
1,055 sqft
|
|
Condo |
|
Level 17
|
RM 430,000
|
RM 444
|
969 sqft
|
|
Condo |
|
Level 32
|
RM 367,000
|
RM 379
|
969 sqft
|
|
Condo |
|
Level 30
|
RM 496,000
|
RM 423
|
1,173 sqft
|
|
Condo |
|
Level 31
|
RM 430,000
|
RM 320
|
1,345 sqft
|
|
Condo |
|
Level 16
|
RM 360,000
|
RM 452
|
797 sqft
|
|
Condo |
| 2024 | |||||
|
Level 35
|
RM 485,000
|
RM 413
|
1,173 sqft
|
|
Condo |
|
Level 28
|
RM 485,000
|
RM 413
|
1,173 sqft
|
|
Condo |
|
Level 27
|
RM 367,000
|
RM 461
|
797 sqft
|
|
Condo |
|
Level 14
|
RM 350,000
|
RM 439
|
797 sqft
|
|
Condo |
|
Level 25
|
RM 438,000
|
RM 373
|
1,173 sqft
|
|
Condo |
|
Level 7
|
RM 375,000
|
RM 320
|
1,173 sqft
|
|
Condo |
|
Level 8
|
RM 445,000
|
RM 379
|
1,173 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 420,000
RM 400 psfMedian transaction price
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsRamah Pavilion in Barat Daya, Penang recorded 53 subsale transactions between 2021 and 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 413.
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 420K, with most transactions falling within a stable range of RM 370K to RM 470K, and a typical market range of RM 375K to RM 465K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 413, with most transactions between RM 381 and RM 445. The usual range is RM 379.87 to RM 446.87, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 32, 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. Moderate transaction volume may require patience when buying or selling.