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 430,000
|
RM 444
|
969 sqft
|
|
Condo |
|
Level 32
|
RM 367,000
|
RM 379
|
969 sqft
|
|
Condo |
| 2024 | |||||
|
Level 28
|
RM 360,000
|
RM 372
|
969 sqft
|
|
Condo |
| 2023 | |||||
|
Level 19
|
RM 370,000
|
RM 386
|
958 sqft
|
|
Condo |
|
Level 25
|
RM 350,000
|
RM 365
|
958 sqft
|
|
Condo |
|
Level 18
|
RM 410,000
|
RM 428
|
958 sqft
|
|
Condo |
|
Level 26
|
RM 330,000
|
RM 344
|
958 sqft
|
|
Condo |
| 2022 | |||||
|
Level 32
|
RM 360,000
|
RM 376
|
958 sqft
|
|
Condo |
|
Level 19
|
RM 300,000
|
RM 313
|
958 sqft
|
|
Condo |
|
Level 19
|
RM 400,000
|
RM 418
|
958 sqft
|
|
Condo |
| 2021 | |||||
|
Level 14
|
RM 380,000
|
RM 400
|
950 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 363,500
RM 377 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 925 and 974 sqft, with a median price of RM 364K and a median price per square foot (PSF) of RM 377.
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 364K, with most transactions falling within a stable range of RM 330K to RM 397K, and a typical market range of RM 319K to RM 409K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 377, with most transactions between RM 343 and RM 412. The usual range is RM 343.89 to RM 410.89, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 35, 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.