PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 14 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 362.

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.

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

For price per square foot, the median is RM 362, with most transactions between RM 362 and RM 362. The usual range is RM 318.25 to RM 405.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.