PRESTIGE III

Area Intelligence
2022
Median Price
RM 487,500
PSF: RM 371

Residential PSF Trends

Median Price

RM 435,000

PSF: RM 365

Commercial PSF Trends

Median Price

RM 1,240,000

RM 1,038 PSF

PRESTIGE III in Barat Daya, Penang recorded 22 subsale transactions in 2022, with a median price of RM 488K and a median price per square foot (PSF) of RM 371.

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 488K, with most transactions falling within a stable range of RM 1.20 million to RM 528K, and a typical market range of RM 1.20 million to RM 646K.

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

For price per square foot, the median is RM 371, with most transactions between RM 337 and RM 404. The usual range is RM 326.75 to RM 414.25, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 34, 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. Moderate transaction volume may require patience when buying or selling.

Loading map...

PRESTIGE III, Barat Daya, Penang

OSM

Track location

Transactions

11 transactions grouped by size

650 sqft
Condo/Apartment
RM 155,000
Level 5
646 sqft · RM 240 PSF
900 sqft
Condo/Apartment
RM 360,000
Level 3
911 sqft · RM 395 PSF
RM 350,000
Level 1
915 sqft · RM 383 PSF
RM 330,000
Level 1
911 sqft · RM 362 PSF
RM 340,000
Level 3
911 sqft · RM 373 PSF
RM 330,000
Level 3
911 sqft · RM 362 PSF
RM 319,000
Level 3
911 sqft · RM 350 PSF
RM 330,000
Level 3
911 sqft · RM 362 PSF
RM 330,000
Level 5
911 sqft · RM 362 PSF
1,400 sqft
Single Storey Terraced
RM 400,000
LORONG PRESTIGE 5
1,399 sqft · RM 286 PSF
RM 470,000
LORONG PRESTIJ 9
1,399 sqft · RM 336 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access