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 RM615,500.
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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 775 and 824 sqft, with a median price of RM616K and a median price per square foot (PSF) of RM762.
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 RM616K, with most transactions falling within a stable range of RM550K to RM681K, and a typical market range of RM550K to RM681K.
Most transactions involved serviced apartment, with minimal variety in property types.
The median PSF stands at RM762, with core pricing between RM681 and RM844. Market pricing typically extends from RM669.06 to RM855.81, reflecting moderate variation in unit pricing. With an IQR of RM186.75 and MAD of RM81, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.