Sungai Pinang Residence

11000 Balik Pulau, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 538,000
PSF
RM 281
Price Size
1,900 sqft
2-Sty Terrace
RM 595,000
Jalan Pantai Aceh
1,916 sqft · RM 311 PSF
RM 538,000
Jalan Pantai Aceh
1,916 sqft · RM 281 PSF
RM 520,000
Jalan Pantai Aceh
1,916 sqft · RM 271 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 538,000

RM 281 psf

Median transaction price

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11000 Balik Pulau, Penang, Malaysia

Maps

Sungai Pinang Residence in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 538K and a median price per square foot (PSF) of RM 281.

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 538K, with most transactions falling within a stable range of RM 520K to RM 570K, and a typical market range of RM 520K to RM 560K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 281, with most transactions between RM 264 and RM 297. The usual range is RM 233.43 to RM 328.18, showing that most units are priced quite close to each other. With an IQR of RM 94.75 and MAD of RM 17, 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.