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 31
|
RM 430,000
|
RM 320
|
1,345 sqft
|
|
Condo |
| 2022 | |||||
|
Level 34
|
RM 500,000
|
RM 372
|
1,345 sqft
|
|
Condo |
| 2021 | |||||
|
Level 24
|
RM 487,000
|
RM 362
|
1,345 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 487,000
RM 362 psfMedian transaction price
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsRamah Pavilion in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,325 and 1,374 sqft, with a median price of RM 487K and a median price per square foot (PSF) of RM 362.
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 487K, with most transactions falling within a stable range of RM 457K to RM 500K, and a typical market range of RM 442K to RM 500K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 362, with most transactions between RM 339 and RM 385. The usual range is RM 328.45 to RM 395.45, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 23, 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.