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 RM530,000.
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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 825 and 874 sqft, with a median price of RM530K and a median price per square foot (PSF) of RM631.
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 RM631, with most transactions between RM631 and RM631. The usual range is RM537.90 to RM724.65, 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.
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.