| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM150,000
|
RM225
|
667 sqft
|
|
|
|
Level 5
|
RM42,000
|
RM63
|
667 sqft
|
|
Selling in Pala Place? Homes here sold for a median of RM96,000.
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1, 2, Jalan Teluk Bahang, Kampung Keling, 11050, Penang, Malaysia
MapsPala Place in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM96K and a median price per square foot (PSF) of RM144.
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 low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM144, though individual units vary from RM63 to RM225 in the core range. The broader market spans RM143.85 to RM143.85, indicating diverse property characteristics. A wider spread (IQR: RM0.00) and deviation (MAD: RM81) indicate significant PSF variations, likely due to diverse property types or conditions.
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.