PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 27 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, 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 515K to RM 685K, and a typical market range of RM 490K to RM 758K.

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

The median PSF stands at RM 429, with core pricing between RM 353 and RM 505. Market pricing typically extends from RM 385.25 to RM 472.75, reflecting moderate variation in unit pricing. The spread of RM 87.50 (IQR) and deviation of RM 76 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.