Southbay Residence
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM240,000
|
RM354
|
678 sqft
|
|
|
|
Level 4
|
RM230,000
|
RM336
|
684 sqft
|
|
|
|
Level 5
|
RM127,000
|
RM187
|
678 sqft
|
|
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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
ResidentialRM230,000
RM337 psfMedian transaction price
Southbay Residence, Residence Southbay, 11960 Batu Maung, Penang, Malaysia
MapsSouthbay 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.