Southbay Residence

Residence Southbay, 11960 Batu Maung, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM240,000
Level 3
678 sqft · RM354 PSF
RM230,000
Level 4
684 sqft · RM336 PSF
RM127,000
Level 5
678 sqft · RM187 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM230,000

RM337 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 3 Flat properties subsale transactions between 2021 and 2026, with a median price of RM230K and a median price per square foot (PSF) of RM337.

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 RM230K, with most transactions falling within a stable range of RM179K to RM240K, and a typical market range of RM127K to RM240K.

Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM337, though individual units vary from RM262 to RM411 in the core range. The broader market spans RM270.63 to RM402.38, indicating diverse property characteristics. The spread of RM131.75 (IQR) and deviation of RM75 (MAD) suggest moderate price variations reflecting different property features.

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.