Forestville

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

55 subsales grouped by size

Median
RM500,000
PSF
RM499
Price Size
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
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM499 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 55 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM500K and a median price per square foot (PSF) of RM499.

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 RM466K to RM534K, 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 RM499, with most transactions between RM466 and RM533. The usual range is RM471.48 to RM527.48, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM34, 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.