PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.28 million and a median price per square foot (PSF) of RM 1,062.

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 1.28 million, with most transactions falling within a stable range of RM 1.22 million to RM 1.34 million, and a typical market range of RM 1.14 million to RM 1.35 million.

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

For price per square foot, the median is RM 1,062, with most transactions between RM 1,009 and RM 1,115. The usual range is RM 1,018.25 to RM 1,105.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.