Platinium Iii

Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM465,000
PSF
RM346
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
Condo
RM600,000
Level 8
1,259 sqft · RM476 PSF
1,350 sqft
Condo
RM438,000
Level 20
1,335 sqft · RM328 PSF
RM465,000
Level 22
1,345 sqft · RM346 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM465,000

RM346 psf

Median transaction price

Platinium Iii
© OpenStreetMap · CARTO

Teluk Kumbar Heights, 11920 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Platinium Iii in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM465K and a median price per square foot (PSF) of RM346.

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 RM465K, with most transactions falling within a stable range of RM438K to RM536K, and a typical market range of RM441K to RM489K.

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

The median PSF stands at RM346, with core pricing between RM280 and RM412. Market pricing typically extends from RM320.60 to RM370.60, reflecting moderate variation in unit pricing. The spread of RM50.00 (IQR) and deviation of RM66 (MAD) suggest moderate price variations reflecting different property features.

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.