PRESTIGE III

Area Intelligence
2023
Median Price
RM 430,000
PSF: RM 364

Residential PSF Trends

Median Price

RM 367,500

PSF: RM 363

Commercial PSF Trends

Median Price

RM 1,280,000

RM 1,067 PSF

PRESTIGE III in Barat Daya, Penang recorded 24 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 364.

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 430K, with most transactions falling within a stable range of RM 315K to RM 572K, and a typical market range of RM 315K to RM 588K.

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

The median PSF stands at RM 364, with core pricing between RM 295 and RM 433. Market pricing typically extends from RM 320.25 to RM 407.75, reflecting moderate variation in unit pricing. The spread of RM 87.50 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

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

OSM

Track location

Transactions

17 transactions grouped by size

900 sqft
Condo/Apartment
RM 365,000
Level 5
911 sqft · RM 401 PSF
RM 350,000
Level 4
911 sqft · RM 384 PSF
RM 370,000
Level 3
911 sqft · RM 406 PSF
RM 315,000
Level 4
911 sqft · RM 346 PSF
RM 350,000
Level 3
911 sqft · RM 384 PSF
RM 330,000
Level 4
911 sqft · RM 362 PSF
RM 365,000
Level 4
911 sqft · RM 401 PSF
RM 330,000
Level 3
911 sqft · RM 362 PSF
1,400 sqft
Double Storey Terraced
RM 510,000
SOLOK PRESTIJ 1
1,399 sqft · RM 364 PSF
RM 600,000
SOLOK PRESTIJ 2
1,399 sqft · RM 429 PSF
RM 490,000
SOLOK PRESTIJ 6
1,399 sqft · RM 350 PSF
RM 720,000
LORONG PRESTIJ 2
1,399 sqft · RM 515 PSF
RM 510,000
SOLOK PRESTIJ 9
1,399 sqft · RM 364 PSF
RM 600,000
SOLOK PRESTIJ 2
1,399 sqft · RM 429 PSF
RM 700,000
LOTONG PRESTIJ 3
1,399 sqft · RM 500 PSF
2,550 sqft
Double Storey Semi-D
RM 600,000
LORONG PRESTIJ 8
2,562 sqft · RM 234 PSF
2,800 sqft
Double Storey Terraced
RM 700,000
LORONG PRESTIGE 4
2,799 sqft · RM 250 PSF

No Properties For Sale

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

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