Southbay Residence

Residence Southbay, 11960 Batu Maung, Penang, Malaysia

Property Transactions

9 subsales found

Median
RM1,180,000
PSF
RM430
Price Size
Period
transactions middle 50% (P25–P75)
RM1,130,000
Jalan Southbay 2
2,745 sqft RM412 PSF
RM1,200,000
Jalan Southbay 2
2,745 sqft RM437 PSF
RM1,100,000
Jalan Southbay 6
2,745 sqft RM401 PSF
RM1,280,000
Jalan Southbay 2
2,745 sqft RM466 PSF
RM1,300,000
Jalan Southbay 2
2,745 sqft RM474 PSF
RM230,000
Level 4
684 sqft RM336 PSF
RM1,180,000
Jalan Southbay 2
2,745 sqft RM430 PSF
RM1,125,000
Jalan Southbay 4
2,745 sqft RM410 PSF
RM1,850,000
Jalan Southbay 2
2,745 sqft RM674 PSF
Legend Recent Highest Price Highest PSF

Selling in Southbay Residence? Homes here sold for a median of RM1,180,000.

Free to list, about two minutes, and the buyers reading this page will see it.

List your property free

Posts about Southbay Residence

What’s happening in Southbay Residence?

No posts about Southbay Residence yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM1,180,000

RM430 psf

Median transaction price

Southbay Residence
© OpenStreetMap · CARTO

Southbay Residence, Residence Southbay, 11960 Batu Maung, Penang, Malaysia

Maps

Southbay Residence in Barat Daya, Penang recorded 9 subsale transactions in 2023, with a median price of RM1.18 million and a median price per square foot (PSF) of RM430.

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. The median price is RM1.18 million, with most transactions falling within a stable range of RM788K to RM1.57 million, and a typical market range of RM1.08 million to RM1.29 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM430, though individual units vary from RM342 to RM518 in the core range. The broader market spans RM364.03 to RM495.78, indicating diverse property characteristics. The spread of RM131.75 (IQR) and deviation of RM88 (MAD) suggest moderate price variations reflecting different property features.

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.