PRESTIGE III

Area Intelligence
Flat
Median Price
RM 480,000
PSF: RM 373

Residential PSF Trends

Median Price

RM 365,000

PSF: RM 364

Commercial PSF Trends

Median Price

RM 1,280,000

RM 1,062 PSF

PRESTIGE III in Barat Daya, Penang recorded 0 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 480K and a median price per square foot (PSF) of RM 373.

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 480K, with most transactions falling within a stable range of RM 330K to RM 630K, and a typical market range of RM 322K to RM 638K.

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

The median PSF stands at RM 373, with core pricing between RM 321 and RM 424. Market pricing typically extends from RM 328.75 to RM 416.25, reflecting moderate variation in unit pricing. With an IQR of RM 87.50 and MAD of RM 52, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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PRESTIGE III, Barat Daya, Penang

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