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 30
|
RM 496,000
|
RM 423
|
1,173 sqft
|
|
Condo |
| 2024 | |||||
|
Level 28
|
RM 485,000
|
RM 413
|
1,173 sqft
|
|
Condo |
|
Level 35
|
RM 485,000
|
RM 413
|
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 |
|
Level 25
|
RM 438,000
|
RM 373
|
1,173 sqft
|
|
Condo |
|
Level 3
|
RM 485,000
|
RM 413
|
1,173 sqft
|
|
Condo |
|
Level 26
|
RM 485,000
|
RM 413
|
1,173 sqft
|
|
Condo |
|
Level 25
|
RM 485,000
|
RM 413
|
1,173 sqft
|
|
Condo |
| 2023 | |||||
|
Level 30
|
RM 450,000
|
RM 391
|
1,152 sqft
|
|
Condo |
|
Level 20
|
RM 420,000
|
RM 365
|
1,152 sqft
|
|
Condo |
|
Level 14
|
RM 443,000
|
RM 378
|
1,173 sqft
|
|
Condo |
|
Level 26
|
RM 440,000
|
RM 382
|
1,152 sqft
|
|
Condo |
| 2022 | |||||
|
Level 20
|
RM 538,000
|
RM 467
|
1,152 sqft
|
|
Condo |
|
Level 23
|
RM 423,000
|
RM 361
|
1,173 sqft
|
|
Condo |
| 2021 | |||||
|
Level 29
|
RM 450,000
|
RM 391
|
1,152 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 450,000
RM 391 psfMedian transaction price
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsRamah Pavilion in Barat Daya, Penang recorded 16 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM 450K and a median price per square foot (PSF) of RM 391.
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 450K, with most transactions falling within a stable range of RM 413K to RM 487K, and a typical market range of RM 405K to RM 495K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 391, with most transactions between RM 358 and RM 423. The usual range is RM 357.21 to RM 424.21, 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. Limited transaction history suggests carefully evaluating comparable sales data.