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 500,000
|
RM 314
|
1,593 sqft
|
|
|
Jalan Sungai Nipah 8
|
RM 570,000
|
RM 351
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 490,000
|
RM 301
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 600,000
|
RM 369
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 540,000
|
RM 332
|
1,625 sqft
|
|
|
|
Jalan Sungai Nipah 6
|
RM 500,000
|
RM 308
|
1,625 sqft
|
|
|
Jalan Sungai Nipah 11
|
RM 610,000
|
RM 254
|
2,400 sqft
|
|
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Market Snapshot
ResidentialRM 540,000
RM 314 psfMedian transaction price
Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia
MapsPalmyra Residences in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 314.
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 540K, with most transactions falling within a stable range of RM 494K to RM 586K, and a typical market range of RM 495K to RM 585K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 314, with core pricing between RM 279 and RM 348. Market pricing typically extends from RM 282.61 to RM 345.11, reflecting moderate variation in unit pricing. With an IQR of RM 62.50 and MAD of RM 35, 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.