Palmyra Residences
11020 Balik Pulau, Pulau Pinang, Malaysia
11020 Balik Pulau, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Sungai Nipah 11
|
RM 510,000
|
RM 314
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 11
|
RM 595,000
|
RM 248
|
2,400 sqft
|
|
Semi-D |
|
Jalan Sungai Nipah 6
|
RM 550,000
|
RM 345
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 510,000
|
RM 314
|
1,625 sqft
|
|
2-Sty Terrace |
| 2024 | |||||
|
Jalan Sungai Nipah 8
|
RM 600,000
|
RM 377
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 550,000
|
RM 338
|
1,625 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Sungai Nipah 11
|
RM 600,000
|
RM 250
|
2,400 sqft
|
|
Semi-D |
|
Jalan Sungai Nipah 6
|
RM 580,000
|
RM 357
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 11
|
RM 555,000
|
RM 341
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 600,000
|
RM 369
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 600,000
|
RM 369
|
1,625 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Sungai Nipah 8
|
RM 570,000
|
RM 351
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 490,000
|
RM 301
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 11
|
RM 610,000
|
RM 254
|
2,400 sqft
|
|
Semi-D |
|
Jalan Sungai Nipah 6
|
RM 540,000
|
RM 332
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 600,000
|
RM 369
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 500,000
|
RM 314
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 500,000
|
RM 308
|
1,625 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Jalan Nipah 15
|
RM 480,000
|
RM 295
|
1,625 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Nipah 6
|
RM 550,000
|
RM 338
|
1,625 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 552,500
RM 417 psfMedian transaction price
Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia
MapsPalmyra Residences in Barat Daya, Penang recorded 20 subsale transactions between 2021 and 2026, with a median price of RM 553K and a median price per square foot (PSF) of RM 338.
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 553K, with most transactions falling within a stable range of RM 508K to RM 598K, and a typical market range of RM 508K to RM 598K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 338, with most transactions between RM 306 and RM 371. The usual range is RM 307.14 to RM 369.64, showing that most units are priced quite close to each other. With an IQR of RM 62.50 and MAD of RM 33, 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. Moderate transaction volume may require patience when buying or selling.