ZON PAVILLON

2 properties

2023

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Median Price

RM 482,500

PSF: RM 391

Residential Market

Median Price

RM 482,500

IQR: RM 49

MAD: RM 25

RM 391 PSF 7.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Condo/Apartment

6 properties

Median Price

RM 850,000

-13.3% CAGR

Median PSF

RM 423.00

-12.5% CAGR

Flat

5 properties

Median Price

RM 330,000

-1.5% CAGR

Median PSF

RM 476.00

-2.3% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Condo/Apartment	6	RM 850,000 ±9K MAD	-13.35%	RM 423.00 ±12 MAD	-12.48%
Flat	5	RM 330,000 ±3K MAD	-1.53%	RM 476.00 ±3 MAD	-2.32%

ZON PAVILLON in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 483K and a median price per square foot (PSF) of RM 391.

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 483K, with most transactions falling within a stable range of RM 320K to RM 645K, and a typical market range of RM 320K to RM 645K.

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

The median PSF stands at RM 391, with core pricing between RM 324 and RM 457. Market pricing typically extends from RM 366.00 to RM 415.00, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 67 (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.