PRESTIGE III

Area Intelligence
2025
Median Price
RM 710,000
PSF: RM 455

Residential PSF Trends

Median Price

RM 710,000

PSF: RM 455

Commercial PSF Trends

Median Price

RM 1,280,000

RM 1,062 PSF

PRESTIGE III in Barat Daya, Penang recorded 4 subsale transactions in 2025, with a median price of RM 710K and a median price per square foot (PSF) of RM 455.

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 710K, with most transactions falling within a stable range of RM 560K to RM 860K, and a typical market range of RM 552K to RM 868K.

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

The median PSF stands at RM 455, with core pricing between RM 403 and RM 506. Market pricing typically extends from RM 410.75 to RM 498.25, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 and MAD of RM 52, 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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