Area Intelligence

RAMAH PAVILION

9 properties
2022
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Median Price
RM 420,000
PSF: RM 372

Residential Market

Median Price

RM 420,000

IQR: RM 71
MAD: RM 32
RM 372 PSF 1.5%

PSF Trends (2021-2025)

RAMAH PAVILION in Barat Daya, Penang recorded 9 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 372.

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 RM 420K, with most transactions falling within a stable range of RM 347K to RM 493K, and a typical market range of RM 375K to RM 465K.

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

The median PSF stands at RM 372, with core pricing between RM 328 and RM 416. Market pricing typically extends from RM 336.75 to RM 407.25, reflecting moderate variation in unit pricing. With an IQR of RM 70.50 and MAD of RM 44, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RAMAH PAVILION, Barat Daya, Penang

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Transactions

9 properties found

Condo/Apartment
RM 360,000
958 sqft Oct 2022
RM 376.00 PSF
Condo/Apartment
RM 500,000
1,345 sqft Oct 2022
RM 372.00 PSF
Condo/Apartment
RM 300,000
958 sqft Sep 2022
RM 313.00 PSF
Condo/Apartment
RM 420,000
1,249 sqft Jun 2022
RM 336.00 PSF
Condo/Apartment
RM 538,000
1,152 sqft May 2022
RM 467.00 PSF
Condo/Apartment
RM 460,000
1,249 sqft Apr 2022
RM 368.00 PSF
Condo/Apartment
RM 335,000
797 sqft Mar 2022
RM 421.00 PSF
Condo/Apartment
RM 400,000
958 sqft Mar 2022
RM 418.00 PSF
Condo/Apartment
RM 423,000
1,173 sqft Mar 2022
RM 361.00 PSF