Pantai Miami
11100 Batu Ferringhi, Penang, Malaysia
11100 Batu Ferringhi, Penang, Malaysia
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Market Snapshot
ResidentialRM 920,000
RM 383 psfMedian transaction price
Pantai Miami, 11100 Batu Ferringhi, Penang, Malaysia
MapsPantai Miami in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,375 and 2,424 sqft, with a median price of RM 920K and a median price per square foot (PSF) of RM 383.
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 920K, with most transactions falling within a stable range of RM 840K to RM 1.00 million, and a typical market range of RM 840K to RM 1.00 million.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 383, with most transactions between RM 350 and RM 417. The usual range is RM 338.28 to RM 428.28, showing that most units are priced quite close to each other. With an IQR of RM 90.00 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.