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 2,025 and 2,074 sqft, with a median price of RM1.30 million and a median price per square foot (PSF) of RM630.
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 RM630, with most transactions between RM630 and RM630. The usual range is RM558.13 to RM701.63, 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.
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.