PALMYRA RESIDENCES

PALMYRA RESIDENCES in Barat Daya, Penang recorded 2 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 605K and a median price per square foot (PSF) of RM 252.

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 605K, with most transactions falling within a stable range of RM 600K to RM 610K, and a typical market range of RM 600K to RM 610K.

Within the Double Storey Semi-D category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 252, with most transactions between RM 250 and RM 254. The usual range is RM 218.00 to RM 286.00, showing that most units are priced quite close to each other. With an IQR of RM 68.00 and MAD of RM 2, 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.