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 16
|
RM 360,000
|
RM 452
|
797 sqft
|
|
Condo |
| 2024 | |||||
|
Level 14
|
RM 350,000
|
RM 439
|
797 sqft
|
|
Condo |
|
Level 27
|
RM 367,000
|
RM 461
|
797 sqft
|
|
Condo |
|
Level 16
|
RM 410,000
|
RM 515
|
797 sqft
|
|
Condo |
|
Level 30
|
RM 420,000
|
RM 527
|
797 sqft
|
|
Condo |
| 2023 | |||||
|
Level 29
|
RM 380,000
|
RM 477
|
797 sqft
|
|
Condo |
|
Level 8
|
RM 370,000
|
RM 465
|
797 sqft
|
|
Condo |
|
Level 34
|
RM 400,000
|
RM 502
|
797 sqft
|
|
Condo |
|
Level 8
|
RM 370,000
|
RM 465
|
797 sqft
|
|
Condo |
|
Level 20
|
RM 330,000
|
RM 414
|
797 sqft
|
|
Condo |
| 2022 | |||||
|
Level 21
|
RM 335,000
|
RM 421
|
797 sqft
|
|
Condo |
| 2021 | |||||
|
Level 13
|
RM 363,000
|
RM 456
|
797 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 368,500
RM 463 psfMedian transaction price
3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsRamah Pavilion in Barat Daya, Penang recorded 12 subsale transactions between 2021 and 2026, sized between 775 and 824 sqft, with a median price of RM 369K and a median price per square foot (PSF) of RM 463.
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 369K, with most transactions falling within a stable range of RM 342K to RM 395K, and a typical market range of RM 330K to RM 414K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 463, with most transactions between RM 429 and RM 496. The usual range is RM 429.13 to RM 496.13, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 33, 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.