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 6
|
RM 500,000
|
RM 314
|
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
|
|
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Market Snapshot
ResidentialRM 550,000
RM 338 psfMedian transaction price
Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia
MapsPalmyra Residences in Barat Daya, Penang recorded 17 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 550K 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 550K, with most transactions falling within a stable range of RM 510K to RM 590K, and a typical market range of RM 505K to RM 595K.
Within the Double Storey Terraced 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 338, with most transactions between RM 313 and RM 364. 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 25, 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.