Muze @ Picc

8, Persiaran Mahsuri, Sungai Nibong Kecil, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM969,000
PSF
RM766
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
Condo
RM888,000
Level 12
1,270 sqft · RM699 PSF
RM1,050,000
Level 27
1,259 sqft · RM834 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM969,000

RM766 psf

Median transaction price

Low

Does MUZE @ PICC rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Muze @ Picc
© OpenStreetMap · CARTO

8, Persiaran Mahsuri, Sungai Nibong Kecil, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Muze @ Picc in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM969K and a median price per square foot (PSF) of RM766.

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 RM969K, with most transactions falling within a stable range of RM888K to RM1.05 million, and a typical market range of RM888K to RM1.05 million.

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

For price per square foot, the median is RM766, with most transactions between RM699 and RM834. The usual range is RM660.69 to RM872.19, showing that most units are priced quite close to each other. With an IQR of RM211.50 and MAD of RM67, 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.