SKYCUBE RESIDENCE

SKYCUBE RESIDENCE in Barat Daya, Penang recorded 11 subsale transactions in 2023, with a median price of RM 598K and a median price per square foot (PSF) of RM 483.

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 598K, with most transactions falling within a stable range of RM 560K to RM 666K, and a typical market range of RM 565K to RM 631K.

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

The median PSF stands at RM 483, with core pricing between RM 432 and RM 534. Market pricing typically extends from RM 458.13 to RM 507.88, reflecting moderate variation in unit pricing. With an IQR of RM 49.75 and MAD of RM 51, the PSF demonstrates reasonable consistency across the market.

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.