Putra Place Condominium

11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM500,000
PSF
RM611
Price Size
Period
transactions middle 50% (P25–P75)
800 sqft
Condo
RM500,000
Level 9
818 sqft · RM611 PSF
RM570,000
Level 15
818 sqft · RM697 PSF
RM490,000
Level 13
818 sqft · RM599 PSF
RM500,000
Level 4
818 sqft · RM611 PSF
RM600,000
Level 9
818 sqft · RM733 PSF
RM435,000
Level 10
818 sqft · RM532 PSF
1,200 sqft
Condo
RM800,000
Level 16
1,206 sqft · RM664 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM611 psf

Median transaction price

Average

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

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Putra Place Condominium
© OpenStreetMap · CARTO

Putra Place Condominium, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Putra Place Condominium in Barat Daya, Penang recorded 7 subsale transactions in 2023, with a median price of RM500K and a median price per square foot (PSF) of RM611.

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 RM500K, with most transactions falling within a stable range of RM435K to RM611K, and a typical market range of RM474K to RM526K.

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

The median PSF stands at RM611, with core pricing between RM549 and RM674. Market pricing typically extends from RM580.70 to RM641.70, reflecting moderate variation in unit pricing. With an IQR of RM61.00 and MAD of RM63, 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.