Sungai Pinang Residence
11000 Balik Pulau, Penang, Malaysia
11000 Balik Pulau, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Sungai Pinang Residency
|
RM 540,000
|
RM 369
|
1,464 sqft
|
|
|
Jalan Pantai Aceh
|
RM 540,000
|
RM 282
|
1,916 sqft
|
|
|
|
Jalan Pantai Aceh
|
RM 550,000
|
RM 287
|
1,916 sqft
|
|
|
|
Sungai Pinang Residency
|
RM 540,000
|
RM 282
|
1,916 sqft
|
|
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Market Snapshot
ResidentialRM 540,000
RM 284 psfMedian transaction price
11000 Balik Pulau, Penang, Malaysia
MapsSungai Pinang Residence in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 284.
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 540K to RM 544K, and a typical market range of RM 540K to RM 550K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 284, with core pricing between RM 247 and RM 321. Market pricing typically extends from RM 237.08 to RM 331.83, reflecting moderate variation in unit pricing. With an IQR of RM 94.75 and MAD of RM 37, 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.