PRESTIGE III

Area Intelligence
2022
Median Price
RM 680,000
PSF: RM 265

Residential PSF Trends

Median Price

RM 680,000

PSF: RM 265

Commercial PSF Trends

Median Price

RM 1,280,000

RM 1,062 PSF

PRESTIGE III in Barat Daya, Penang recorded 1 subsale transactions in 2022, with a median price of RM 680K and a median price per square foot (PSF) of RM 265.

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.

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

For price per square foot, the median is RM 265, with most transactions between RM 265 and RM 265. The usual range is RM 221.25 to RM 308.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 0, 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

OSM

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Transactions

1 transactions grouped by size

2,550 sqft
Double Storey Semi-D
RM 680,000
LORONG PRESTIJ 8
2,562 sqft · RM 265 PSF

No Properties For Sale

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

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