Southbay Plaza
Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia
Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia
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Southbay Plaza
PSF median price per sq ft · 12m its change over the past 12 months
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Does SOUTHBAY PLAZA rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Changkat Batu Maung 1, Kampung Batu Maung, 11960 Bayan Lepas, Pulau Pinang, Malaysia
MapsSouthbay Plaza in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM405K and a median price per square foot (PSF) of RM320.
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.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM320, with most transactions between RM320 and RM320. The usual range is RM247.76 to RM391.26, showing that most units are priced quite close to each other. With an IQR of RM143.50 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.