PANTAI MIAMI
Residential Market
Median Price
RM 526,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Office Lot
29 properties
Median Price
RM 240,000
+13.5% CAGR
Median PSF
RM 276.00
+7.2% CAGR
Shop/Retail Lot
3 properties
Median Price
RM 740,000
+69.1% CAGR
Median PSF
RM 580.50
+50.2% CAGR
6-Storey Storey Shop
1 properties
Median Price
RM 310,000
Median PSF
RM 347.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Office Lot | 29 |
RM 240,000
±7K MAD
|
+13.47% |
RM 276.00
±14 MAD
|
+7.18% | |
| Shop/Retail Lot | 3 |
RM 740,000
±190K MAD
|
+69.09% |
RM 580.50
±117 MAD
|
+50.22% | |
| 6-Storey Storey Shop | 1 |
RM 310,000
|
- |
RM 347.00
|
- |
PANTAI MIAMI in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 526K and a median price per square foot (PSF) of RM 439.
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 526K, with most transactions falling within a stable range of RM 435K to RM 617K, and a typical market range of RM 430K to RM 622K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 439, with core pricing between RM 390 and RM 488. Market pricing typically extends from RM 393.00 to RM 485.00, reflecting moderate variation in unit pricing. With an IQR of RM 92.00 and MAD of RM 49, 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.