Forestville

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

16 subsales grouped by size

Median
RM493,500
PSF
RM482
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM448,000
Level 5
1,000 sqft · RM448 PSF
RM495,000
Level 5
1,000 sqft · RM495 PSF
RM495,000
Level 11
1,000 sqft · RM495 PSF
RM492,000
Level 20
1,000 sqft · RM492 PSF
RM448,000
Level 6
1,001 sqft · RM448 PSF
RM495,000
Level 6
1,001 sqft · RM494 PSF
+6 more
1,050 sqft
Condo
RM495,000
Level 25
1,050 sqft · RM471 PSF
RM530,000
Level 8
1,050 sqft · RM505 PSF
RM480,000
Level 23
1,050 sqft · RM457 PSF
RM480,000
Level 26
1,055 sqft · RM455 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM493,500

RM482 psf

Median transaction price

Low

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Forestville
© OpenStreetMap · CARTO

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Forestville in Barat Daya, Penang recorded 16 subsale transactions in 2021, with a median price of RM494K and a median price per square foot (PSF) of RM482.

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 RM494K, with most transactions falling within a stable range of RM465K to RM522K, and a typical market range of RM471K to RM516K.

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

For price per square foot, the median is RM482, with most transactions between RM453 and RM511. The usual range is RM453.72 to RM509.72, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM29, 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.