Pantai Miami
11100 Batu Ferringhi, Penang, Malaysia
11100 Batu Ferringhi, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 410,000
|
RM 381
|
1,076 sqft
|
|
|
|
Level 11
|
RM 425,000
|
RM 395
|
1,076 sqft
|
|
|
|
Level 21
|
RM 530,000
|
RM 492
|
1,076 sqft
|
|
|
|
Level 21
|
RM 620,000
|
RM 565
|
1,098 sqft
|
|
|
|
Level 12
|
RM 445,000
|
RM 413
|
1,076 sqft
|
|
|
Jalan Puncak Ria
|
RM 1,200,000
|
RM 410
|
2,928 sqft
|
|
|
Batu Ferringhi
|
RM 6,100,000
|
RM 551
|
11,065 sqft
|
|
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Market Snapshot
ResidentialRM 575,000
RM 416 psfMedian transaction price
Pantai Miami, 11100 Batu Ferringhi, Penang, Malaysia
MapsPantai Miami in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 416.
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 575K, with most transactions falling within a stable range of RM 410K to RM 2.39 million, and a typical market range of RM 475K to RM 675K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 416, with core pricing between RM 348 and RM 483. Market pricing typically extends from RM 370.53 to RM 460.53, reflecting moderate variation in unit pricing. The spread of RM 90.00 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.
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.