PRESTIGE III in Barat Daya, Penang recorded 38 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 429.
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 600K, with most transactions falling within a stable range of RM 450K to RM 750K, and a typical market range of RM 442K to RM 758K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 429, with core pricing between RM 378 and RM 481. Market pricing typically extends from RM 385.25 to RM 472.75, 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. Moderate transaction volume may require patience when buying or selling.
