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 0 subsale transactions in 2021, with a median price of RM744K and a median price per square foot (PSF) of RM558.
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 RM744K, with most transactions falling within a stable range of RM620K to RM868K, and a typical market range of RM657K to RM831K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM558, with core pricing between RM483 and RM633. Market pricing typically extends from RM486.25 to RM629.75, reflecting moderate variation in unit pricing. With an IQR of RM143.50 and MAD of RM75, 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.