The Loft @ Southbay City
11960 Batu Maung, Penang, Malaysia
11960 Batu Maung, Penang, Malaysia
Selling in The Loft @ Southbay City? Homes here sold for a median of RM700,000.
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The Loft @ Southbay City
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
11960 Batu Maung, Penang, Malaysia
MapsThe Loft @ Southbay City in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM700K and a median price per square foot (PSF) of RM529.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM529, with most transactions between RM529 and RM529. The usual range is RM435.35 to RM622.10, showing that most units are priced quite close to each other. With an IQR of RM186.75 and MAD of RM0, 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.