Pantai Miami
11100 Batu Ferringhi, Penang, Malaysia
11100 Batu Ferringhi, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 28
|
RM 880,000
|
RM 399
|
2,207 sqft
|
|
Condo |
|
Level 14
|
RM 450,000
|
RM 414
|
1,087 sqft
|
|
Condo |
|
Jalan Puncak Ria
|
RM 1,005,000
|
RM 342
|
2,939 sqft
|
|
2-Sty Terrace |
|
Level 10
|
RM 500,000
|
RM 465
|
1,076 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 690,000
RM 406 psfMedian transaction price
Pantai Miami, 11100 Batu Ferringhi, Penang, Malaysia
MapsPantai Miami in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 690K and a median price per square foot (PSF) of RM 406.
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 690K, with most transactions falling within a stable range of RM 451K to RM 929K, and a typical market range of RM 590K to RM 790K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 406, with core pricing between RM 363 and RM 450. Market pricing typically extends from RM 361.36 to RM 451.36, reflecting moderate variation in unit pricing. With an IQR of RM 90.00 and MAD of RM 44, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.