RAMAH PAVILION

RAMAH PAVILION in Barat Daya, Penang recorded 17 subsale transactions in 2024, with a median price of RM 445K and a median price per square foot (PSF) of RM 413.

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 445K, with most transactions falling within a stable range of RM 397K to RM 485K, and a typical market range of RM 400K to RM 485K.

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

The median PSF stands at RM 413, with core pricing between RM 361 and RM 465. Market pricing typically extends from RM 377.75 to RM 448.25, reflecting moderate variation in unit pricing. With an IQR of RM 70.50 and MAD of RM 52, 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.