Southbay Residence
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
Residence Southbay, 11960 Batu Maung, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Southbay 7
|
RM1,088,000
|
RM396
|
2,745 sqft
|
|
|
|
Jalan Southbay 2
|
RM1,100,000
|
RM401
|
2,745 sqft
|
|
|
|
Jalan Southbay 2
|
RM1,415,000
|
RM516
|
2,745 sqft
|
|
|
|
Jalan Southbay 6
|
RM1,315,000
|
RM479
|
2,745 sqft
|
|
|
|
Jalan Southbay 2
|
RM1,600,000
|
RM583
|
2,745 sqft
|
|
|
|
Jalan Southbay 2
|
RM1,090,000
|
RM397
|
2,745 sqft
|
|
Selling in Southbay Residence? Homes here sold for a median of RM1,095,000.
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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
ResidentialRM1,100,000
RM401 psfMedian transaction price
Southbay Residence, Residence Southbay, 11960 Batu Maung, Penang, Malaysia
MapsSouthbay Residence in Barat Daya, Penang recorded 8 subsale transactions in 2024, with a median price of RM1.10 million and a median price per square foot (PSF) of RM440.
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 RM1.10 million, with most transactions falling within a stable range of RM646K to RM1.54 million, and a typical market range of RM990K to RM1.20 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 RM440, though individual units vary from RM321 to RM559 in the core range. The broader market spans RM374.05 to RM505.80, indicating diverse property characteristics. A wider spread (IQR: RM131.75) and deviation (MAD: RM119) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.