PRESTIGE III

Area Intelligence
2024
Median Price
RM 440,000
PSF: RM 376

Residential PSF Trends

Median Price

RM 345,000

PSF: RM 373

Commercial PSF Trends

Median Price

RM 1,300,000

RM 1,088 PSF

PRESTIGE III in Barat Daya, Penang recorded 18 subsale transactions in 2024, with a median price of RM 440K and a median price per square foot (PSF) of RM 376.

This area contains both residential and commercial properties. View 73 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 413K to RM 230K, and a typical market range of RM 282K to RM 230K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

The median PSF stands at RM 376, with core pricing between RM 334 and RM 418. Market pricing typically extends from RM 332.25 to RM 419.75, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PRESTIGE III, Barat Daya, Penang

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Transactions

5 transactions found

RM 180,000
Level 2
646 sqft RM 279.00 PSF
RM 230,000
Level 2
646 sqft RM 356.00 PSF
RM 180,000
Level 5
646 sqft RM 279.00 PSF
RM 205,000
Level 1
646 sqft RM 317.00 PSF
RM 150,000
Level 4
646 sqft RM 232.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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