Stramax Residences

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

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Selling in Stramax Residences? Homes here sold for a median of RM1,505,000.

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Market Snapshot

Residential

RM1,505,000

RM801 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 0 subsale transactions in 2024, with a median price of RM1.51 million and a median price per square foot (PSF) of RM801.

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 RM1.51 million, with most transactions falling within a stable range of RM1.41 million to RM1.61 million, and a typical market range of RM1.40 million to RM1.61 million.

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

For price per square foot, the median is RM801, with most transactions between RM755 and RM848. The usual range is RM720.00 to RM882.00, showing that most units are priced quite close to each other. With an IQR of RM162.00 and MAD of RM47, 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.