Sungai Pinang Residence
11000 Balik Pulau, Penang, Malaysia
11000 Balik Pulau, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Sungai Pinang Residency
|
RM 540,000
|
RM 282
|
1,916 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Pantai Aceh
|
RM 595,000
|
RM 311
|
1,916 sqft
|
|
2-Sty Terrace |
|
Jalan Pantai Aceh
|
RM 538,000
|
RM 281
|
1,916 sqft
|
|
2-Sty Terrace |
|
Jalan Pantai Aceh
|
RM 520,000
|
RM 271
|
1,916 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Pantai Aceh
|
RM 540,000
|
RM 282
|
1,916 sqft
|
|
2-Sty Terrace |
|
Jalan Pantai Aceh
|
RM 550,000
|
RM 287
|
1,916 sqft
|
|
2-Sty Terrace |
|
Sungai Pinang Residency
|
RM 540,000
|
RM 369
|
1,464 sqft
|
|
2-Sty Terrace |
|
Sungai Pinang Residency
|
RM 540,000
|
RM 282
|
1,916 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Sungai Pinang Residency
|
RM 625,000
|
RM 326
|
1,916 sqft
|
|
2-Sty Terrace |
|
Sungai Pinang Residency
|
RM 627,000
|
RM 327
|
1,916 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 540,000
RM 366 psfMedian transaction price
11000 Balik Pulau, Penang, Malaysia
MapsSungai Pinang Residence in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 540K and a median price per square foot (PSF) of RM 326.
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 540K, with most transactions falling within a stable range of RM 534K to RM 546K, and a typical market range of RM 520K to RM 562K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 326, with most transactions between RM 321 and RM 332. The usual range is RM 278.83 to RM 373.58, showing that most units are priced quite close to each other. With an IQR of RM 94.75 and MAD of RM 6, 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.