Springfield Condominium

Desa Ria, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM350,000
PSF
RM401
Price Size
Period
transactions middle 50% (P25–P75)
850 sqft
Condo
RM320,000
Level 2
872 sqft · RM367 PSF
RM370,000
Level 3
872 sqft · RM424 PSF
RM350,000
Level 4
872 sqft · RM401 PSF
RM435,000
Level 1
872 sqft · RM499 PSF
RM350,000
Level 3
872 sqft · RM401 PSF
RM338,000
Level 3
872 sqft · RM388 PSF
950 sqft
Condo
RM450,000
Level 1
947 sqft · RM475 PSF
RM380,000
Level 5
947 sqft · RM401 PSF
RM340,000
Level 4
947 sqft · RM359 PSF
RM350,000
Level 5
947 sqft · RM370 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM350,000

RM401 psf

Median transaction price

Springfield Condominium
© OpenStreetMap · CARTO

Springfield Condominium, Desa Ria, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Springfield Condominium in Barat Daya, Penang recorded 10 subsale transactions in 2022, with a median price of RM350K and a median price per square foot (PSF) of RM401.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM350K, with most transactions falling within a stable range of RM320K to RM390K, and a typical market range of RM320K to RM393K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM401, with core pricing between RM358 and RM445. Market pricing typically extends from RM352.80 to RM449.80, reflecting moderate variation in unit pricing. With an IQR of RM97.00 and MAD of RM44, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.