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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 17
|
RM 422,000
|
RM 400
|
1,055 sqft
|
|
Condo |
| 2024 | |||||
|
Level 23
|
RM 380,000
|
RM 360
|
1,055 sqft
|
|
Condo |
|
Level 26
|
RM 460,000
|
RM 436
|
1,055 sqft
|
|
Condo |
|
Level 4
|
RM 470,000
|
RM 446
|
1,055 sqft
|
|
Condo |
| 2023 | |||||
|
Level 11
|
RM 393,000
|
RM 373
|
1,055 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 422,000
RM 400 psfMedian transaction price
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsRamah Pavilion in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM 422K and a median price per square foot (PSF) of RM 400.
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 422K, with most transactions falling within a stable range of RM 386K to RM 458K, and a typical market range of RM 380K to RM 467K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 400, with most transactions between RM 366 and RM 434. The usual range is RM 366.50 to RM 433.50, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 34, 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.