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 RM1,127,500.
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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 2 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM1.13 million and a median price per square foot (PSF) of RM698.
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 RM1.13 million, with most transactions falling within a stable range of RM855K to RM1.40 million, and a typical market range of RM960K to RM1.29 million.
Most transactions involved serviced apartment, with minimal variety in property types.
Price per square foot shows a median of RM698, though individual units vary from RM530 to RM867 in the core range. The broader market spans RM604.83 to RM791.58, indicating diverse property characteristics. The spread of RM186.75 (IQR) and deviation of RM169 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.