Meridien Residence

Tingkat Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM557,500

RM436 psf

Median transaction price

Low

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Meridien Residence
© OpenStreetMap · CARTO

Tingkat Kelicap, Mutiara Perdana, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Meridien Residence in Barat Daya, Penang recorded 0 subsale transactions in 2026, with a median price of RM558K and a median price per square foot (PSF) of RM436.

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 RM558K, with most transactions falling within a stable range of RM538K to RM578K, and a typical market range of RM531K to RM584K.

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

For price per square foot, the median is RM436, with most transactions between RM417 and RM455. The usual range is RM421.00 to RM451.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM30.00 and an average deviation (MAD) of RM19 indicate a highly stable PSF trend across properties.

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.