Forestville

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

17 subsales grouped by size

Median
RM512,000
PSF
RM511
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM610,000
Level 14
1,001 sqft · RM609 PSF
RM560,000
Level 24
1,001 sqft · RM559 PSF
RM500,000
Level 25
1,001 sqft · RM499 PSF
RM530,000
Level 18
1,001 sqft · RM529 PSF
RM560,000
Level 21
1,001 sqft · RM559 PSF
RM512,000
Level 11
1,001 sqft · RM511 PSF
+6 more
1,050 sqft
Condo
RM495,000
Level 19
1,055 sqft · RM469 PSF
RM485,000
Level 17
1,055 sqft · RM460 PSF
RM560,000
Level 18
1,055 sqft · RM531 PSF
RM550,000
Level 9
1,055 sqft · RM521 PSF
RM498,000
Level 11
1,055 sqft · RM472 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM512,000

RM511 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 17 subsale transactions in 2023, with a median price of RM512K and a median price per square foot (PSF) of RM511.

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 RM512K, with most transactions falling within a stable range of RM478K to RM546K, and a typical market range of RM490K to RM535K.

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

For price per square foot, the median is RM511, with most transactions between RM474 and RM549. The usual range is RM483.47 to RM539.47, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM37, 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.