Southbay Plaza in Barat Daya, Penang recorded 3 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM620K and a median price per square foot (PSF) of RM540.

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 RM620K, with most transactions falling within a stable range of RM600K to RM722K, and a typical market range of RM600K to RM707K.

Within the Condo/Apartment category, shop unit/retail lot dominated the market, though some variety exists in the market.

For price per square foot, the median is RM540, with most transactions between RM508 and RM572. The usual range is RM468.33 to RM611.83, showing that most units are priced quite close to each other. With an IQR of RM143.50 and MAD of RM32, 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.