Area Intelligence

RAMAH PAVILION

15 properties
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Median Price
RM 450,000
PSF: RM 391

Residential Market

Median Price

RM 450,000

IQR: RM 71
MAD: RM 32
RM 391 PSF 1.5%

PSF Trends (2021-2025)

RAMAH PAVILION in Barat Daya, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 391.

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 450K, with most transactions falling within a stable range of RM 413K to RM 487K, and a typical market range of RM 405K to RM 495K.

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

For price per square foot, the median is RM 391, with most transactions between RM 359 and RM 423. The usual range is RM 355.75 to RM 426.25, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 32, 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

15 properties grouped by size

1,150 sqft
15 units (showing 6) Condo/Apartment
RM 485,000
1,173 sqft · RM 413.00 PSF
Sep 2024
RM 485,000
1,173 sqft · RM 413.00 PSF
Sep 2024
RM 375,000
1,173 sqft · RM 320.00 PSF
Aug 2024
RM 445,000
1,173 sqft · RM 379.00 PSF
Aug 2024
RM 438,000
1,173 sqft · RM 373.00 PSF
Aug 2024
RM 485,000
1,173 sqft · RM 413.00 PSF
Jul 2024