PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 38 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 330K and a median price per square foot (PSF) of RM 362.

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 330K, with most transactions falling within a stable range of RM 253K to RM 370K, and a typical market range of RM 191K to RM 370K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 362, with core pricing between RM 309 and RM 415. Market pricing typically extends from RM 319.75 to RM 404.25, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 53, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.