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 520K to RM 522K, and a typical market range of RM 520K to RM 598K.

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

Price per square foot shows a median of RM 376, though individual units vary from RM 271 to RM 481 in the core range. The broader market spans RM 332.25 to RM 419.75, indicating diverse property characteristics. A wider spread (IQR: RM 87.50) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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PRESTIGE III, Barat Daya, Penang

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Transactions

6 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 680,000
DLM PEMBINAAN
1,399 sqft · RM 486 PSF
RM 710,000
LORONG PRESTIJ 2
1,399 sqft · RM 507 PSF
RM 600,000
SOLOK PRESTIJ 2
1,399 sqft · RM 429 PSF
RM 780,000
LORONG PRESTIJ 3
1,378 sqft · RM 566 PSF
RM 520,000
DLM PEMBINAAN
1,399 sqft · RM 372 PSF
2,700 sqft
Double Storey Terraced
RM 650,000
SOLOK PRESTIJ 2
2,691 sqft · RM 242 PSF

No Properties For Sale

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

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