PRESTIGE III

Area Intelligence
Median Price
RM 795,000
PSF: RM 191

Residential PSF Trends

Median Price

RM 795,000

PSF: RM 191

Commercial PSF Trends

Median Price

RM 1,280,000

RM 1,062 PSF

PRESTIGE III in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 795K and a median price per square foot (PSF) of RM 191.

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 795K, with most transactions falling within a stable range of RM 645K to RM 945K, and a typical market range of RM 637K to RM 953K.

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

Price per square foot shows a median of RM 191, though individual units vary from RM 140 to RM 243 in the core range. The broader market spans RM 147.25 to RM 234.75, indicating diverse property characteristics. A wider spread (IQR: RM 87.50) and deviation (MAD: RM 52) 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. 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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