PRESTIGE III

Area Intelligence
Median Price
RM 330,000
PSF: RM 362

Residential PSF Trends

Median Price

RM 330,000

PSF: RM 362

Commercial PSF Trends

Median Price

RM 1,280,000

RM 1,062 PSF

PRESTIGE III in Barat Daya, Penang recorded 38 subsale transactions between 2021 and 2025, with a median price of RM 330K 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. The median price is RM 330K, with most transactions falling within a stable range of RM 314K to RM 346K, and a typical market range of RM 310K to RM 370K.

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 344 and RM 380. 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 18, 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. Moderate transaction volume may require patience when buying or selling.

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PRESTIGE III, Barat Daya, Penang

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