FAIRVIEW RESIDENCE

FAIRVIEW RESIDENCE in Barat Daya, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 497K and a median price per square foot (PSF) of RM 549.

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 497K, with most transactions falling within a stable range of RM 428K to RM 584K, and a typical market range of RM 487K to RM 507K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 549, with core pricing between RM 452 and RM 646. Market pricing typically extends from RM 516.00 to RM 582.00, reflecting moderate variation in unit pricing. The spread of RM 66.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

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.