The Loft @ Southbay City in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM943K and a median price per square foot (PSF) of RM782.

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 RM943K, with most transactions falling within a stable range of RM892K to RM994K, and a typical market range of RM892K to RM994K.

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

For price per square foot, the median is RM782, with most transactions between RM740 and RM825. The usual range is RM688.84 to RM875.59, showing that most units are priced quite close to each other. With an IQR of RM186.75 and MAD of RM42, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.