PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 4 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 439K and a median price per square foot (PSF) of RM 314.

This area contains both residential and commercial properties. View 71 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 439K, with most transactions falling within a stable range of RM 400K to RM 499K, and a typical market range of RM 400K to RM 550K.

Within the Single Storey Terraced category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 314, with core pricing between RM 268 and RM 360. Market pricing typically extends from RM 271.75 to RM 356.25, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 46, 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.