ZAN PAVILION

ZAN PAVILION in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 533K and a median price per square foot (PSF) of RM 417.

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 533K, with most transactions falling within a stable range of RM 343K to RM 722K, and a typical market range of RM 343K to RM 723K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 417, with core pricing between RM 333 and RM 500. Market pricing typically extends from RM 367.00 to RM 466.00, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 83 (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.