Springfield Condominium in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM450K and a median price per square foot (PSF) of RM475.

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 RM450K, with most transactions falling within a stable range of RM392K to RM470K, and a typical market range of RM408K to RM470K.

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

The median PSF stands at RM475, with core pricing between RM404 and RM547. Market pricing typically extends from RM426.57 to RM523.57, reflecting moderate variation in unit pricing. The spread of RM97.00 (IQR) and deviation of RM71 (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. 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.