Southbay Residence
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
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Southbay Residence
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
ResidentialRM1,200,000
RM682 psfMedian transaction price
Southbay Residence, Residence Southbay, 11960 Batu Maung, Penang, Malaysia
MapsSouthbay Residence in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 475 and 524 sqft, with a median price of RM380K and a median price per square foot (PSF) of RM735.
This area contains both residential and commercial properties. View 31 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM735, with most transactions between RM735 and RM735. The usual range is RM669.61 to RM801.36, showing that most units are priced quite close to each other. With an IQR of RM131.75 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.