Platinium Iii

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

Property Transactions

2 subsales found

Median
RM546,500
PSF
RM406
Price Size
Period
transactions middle 50% (P25–P75)
RM523,000
Level 25
1,345 sqft RM389 PSF
RM570,000
Level 25
1,345 sqft RM424 PSF
Legend Recent Highest Price Highest PSF

Selling in Platinium Iii? Homes here sold for a median of RM546,500.

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Market Snapshot

Residential

RM546,500

RM406 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 2 subsale transactions in 2021, with a median price of RM547K and a median price per square foot (PSF) of RM406.

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 RM547K, with most transactions falling within a stable range of RM523K to RM570K, and a typical market range of RM523K to RM570K.

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

For price per square foot, the median is RM406, with most transactions between RM389 and RM424. The usual range is RM381.17 to RM431.17, showing that most units are priced quite close to each other. With an IQR of RM50.00 and MAD of RM17, 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.