Platinium Iii

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

Property Transactions

4 subsales grouped by size

Median
RM532,500
PSF
RM411
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
Condo
RM535,000
Level 20
1,249 sqft · RM428 PSF
RM560,000
Level 9
1,259 sqft · RM445 PSF
1,350 sqft
Condo
RM485,000
Level 18
1,345 sqft · RM360 PSF
RM530,000
Level 22
1,345 sqft · RM394 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM532,500

RM411 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 4 subsale transactions in 2024, with a median price of RM533K and a median price per square foot (PSF) of RM411.

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 RM533K, with most transactions falling within a stable range of RM505K to RM560K, and a typical market range of RM508K to RM557K.

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

For price per square foot, the median is RM411, with most transactions between RM379 and RM444. The usual range is RM386.19 to RM436.19, showing that most units are priced quite close to each other. With an IQR of RM50.00 and MAD of RM32, 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.