Palmyra Residences
11020 Balik Pulau, Pulau Pinang, Malaysia
11020 Balik Pulau, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sungai Nipah 6
|
RM 550,000
|
RM 345
|
1,593 sqft
|
|
|
|
Jalan Sungai Nipah 8
|
RM 600,000
|
RM 377
|
1,593 sqft
|
|
|
Jalan Sungai Nipah 11
|
RM 510,000
|
RM 314
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 510,000
|
RM 314
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 550,000
|
RM 338
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 580,000
|
RM 357
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 11
|
RM 555,000
|
RM 341
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 600,000
|
RM 369
|
1,625 sqft
|
|
|
Jalan Sungai Nipah 11
|
RM 595,000
|
RM 248
|
2,400 sqft
|
|
|
|
Jalan Sungai Nipah 11
|
RM 600,000
|
RM 250
|
2,400 sqft
|
|
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Market Snapshot
ResidentialRM 567,500
RM 340 psfMedian transaction price
Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia
MapsPalmyra Residences in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 568K and a median price per square foot (PSF) of RM 340.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 568K, with most transactions falling within a stable range of RM 534K to RM 600K, and a typical market range of RM 523K to RM 600K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 340, with core pricing between RM 297 and RM 383. Market pricing typically extends from RM 308.68 to RM 371.18, reflecting moderate variation in unit pricing. With an IQR of RM 62.50 and MAD of RM 43, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.