Platinium Iii

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

Property Transactions

5 subsales grouped by size

Median
RM485,000
PSF
RM388
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
Condo
RM485,000
Level 7
1,249 sqft · RM388 PSF
RM460,000
Level 26
1,249 sqft · RM368 PSF
1,350 sqft
Condo
RM600,000
Level 10
1,345 sqft · RM446 PSF
RM530,000
Level 12
1,335 sqft · RM397 PSF
RM455,000
Level 18
1,345 sqft · RM338 PSF
Legend Recent Highest Price Highest PSF

Selling in Platinium Iii? Homes here sold for a median of RM485,000.

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Market Snapshot

Residential

RM485,000

RM388 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 5 subsale transactions in 2023, with a median price of RM485K and a median price per square foot (PSF) of RM388.

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 RM485K, with most transactions falling within a stable range of RM455K to RM539K, and a typical market range of RM461K to RM509K.

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

For price per square foot, the median is RM388, with most transactions between RM353 and RM424. The usual range is RM363.43 to RM413.43, showing that most units are priced quite close to each other. With an IQR of RM50.00 and MAD of RM36, 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.