The Promenade in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM470K and a median price per square foot (PSF) of RM487.

This area contains both residential and commercial properties. View 24 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM470K, with most transactions falling within a stable range of RM430K to RM608K, and a typical market range of RM430K to RM526K.

Most transactions involved low-cost houselow-cos, with minimal variety in property types.

The median PSF stands at RM487, with core pricing between RM429 and RM544. Market pricing typically extends from RM441.86 to RM531.36, reflecting moderate variation in unit pricing. With an IQR of RM89.50 and MAD of RM57, 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.