Forestville

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

73 subsales grouped by size

Median
RM500,000
PSF
RM495
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM495,000
Level 27
1,001 sqft · RM494 PSF
RM465,000
Level 29
1,001 sqft · RM465 PSF
RM485,000
Level 22
1,001 sqft · RM484 PSF
RM530,000
Level 11
1,001 sqft · RM529 PSF
RM485,000
Level 12
1,001 sqft · RM484 PSF
RM473,000
Level 15
1,001 sqft · RM473 PSF
+49 more
1,050 sqft
Condo
RM498,000
Level 23
1,055 sqft · RM472 PSF
RM498,000
Level 4
1,055 sqft · RM472 PSF
RM630,000
Level 26
1,055 sqft · RM597 PSF
RM500,000
Level 5
1,055 sqft · RM474 PSF
RM495,000
Level 19
1,055 sqft · RM469 PSF
RM485,000
Level 17
1,055 sqft · RM460 PSF
+12 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM495 psf

Median transaction price

Low

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Forestville
© OpenStreetMap · CARTO

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Forestville in Barat Daya, Penang recorded 73 subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM495.

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 RM500K, with most transactions falling within a stable range of RM478K to RM522K, and a typical market range of RM478K to RM523K.

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

For price per square foot, the median is RM495, with most transactions between RM472 and RM518. The usual range is RM467.01 to RM523.01, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM23, 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. Moderate transaction volume may require patience when buying or selling.