Prestige V

37 Prestige 5, Jalan Permatang Damar Laut, 11960 Batu Maung, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM1,120,000
PSF
RM405
Price Size
Period
transactions middle 50% (P25–P75)
1,800 sqft
2-Sty Terrace
RM850,000
Lorong Bidara 5
1,798 sqft · RM473 PSF
4,100 sqft
Semi-D
RM1,390,000
Lorong Bidara 4
4,112 sqft · RM338 PSF
Legend Recent Highest Price Highest PSF

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37 Prestige 5, Jalan Permatang Damar Laut, 11960 Batu Maung, Pulau Pinang, Malaysia

Maps

Prestige V in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM1.12 million and a median price per square foot (PSF) of RM405.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.12 million, with most transactions falling within a stable range of RM850K to RM1.39 million, and a typical market range of RM983K to RM1.26 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM405, with core pricing between RM338 and RM473. Market pricing typically extends from RM384.21 to RM426.71, reflecting moderate variation in unit pricing. The spread of RM42.50 (IQR) and deviation of RM67 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.