The Loft @ Southbay City in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM372K and a median price per square foot (PSF) of RM691.

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 RM372K, with most transactions falling within a stable range of RM364K to RM380K, and a typical market range of RM364K to RM380K.

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

For price per square foot, the median is RM691, with most transactions between RM676 and RM706. The usual range is RM597.82 to RM784.57, showing that most units are priced quite close to each other. With an IQR of RM186.75 and MAD of RM15, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.