Stramax Residences

Persiaran Kelicap, Desaria, Sg. Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM1,542,000
PSF
RM594
Price Size
Period
transactions middle 50% (P25–P75)
2,600 sqft
2-Sty Terrace
RM1,330,000
Solok Kelicap 1
2,594 sqft · RM513 PSF
RM1,600,000
Solok Kelicap 1
2,594 sqft · RM617 PSF
RM1,840,000
Solok Kelicap 1
2,594 sqft · RM709 PSF
RM1,736,000
Solok Kelicap 1
2,594 sqft · RM669 PSF
RM1,410,000
Solok Kelicap 1
2,594 sqft · RM544 PSF
RM1,484,000
Solok Kelicap 1
2,594 sqft · RM572 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,542,000

RM594 psf

Median transaction price

Stramax Residences
© OpenStreetMap · CARTO

Persiaran Kelicap, Desaria, Sg. Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Stramax Residences in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM1.54 million and a median price per square foot (PSF) of RM594.

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 RM1.54 million, with most transactions falling within a stable range of RM1.36 million to RM1.72 million, and a typical market range of RM1.43 million to RM1.65 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM594, with core pricing between RM525 and RM663. Market pricing typically extends from RM513.43 to RM675.43, reflecting moderate variation in unit pricing. With an IQR of RM162.00 and MAD of RM69, 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.