Southbay Plaza

Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Median
RM682,000
PSF
RM619
Price Size
Period
transactions middle 50% (P25–P75)
RM744,000
Level 2
1,094 sqft RM680 PSF
RM744,000
Level 3
1,094 sqft RM680 PSF
RM600,000
Level 12
1,111 sqft RM540 PSF
RM620,000
Level 13
1,111 sqft RM558 PSF
Legend Recent Highest Price Highest PSF

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Southbay Plaza
© OpenStreetMap · CARTO

Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Southbay Plaza in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM682K and a median price per square foot (PSF) of RM619.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM682K, with most transactions falling within a stable range of RM615K to RM744K, and a typical market range of RM600K to RM744K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM619, with core pricing between RM553 and RM685. Market pricing typically extends from RM547.29 to RM690.79, reflecting moderate variation in unit pricing. With an IQR of RM143.50 and MAD of RM66, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.