RAMAH PAVILION

RAMAH PAVILION in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 415K and a median price per square foot (PSF) of RM 396.

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 415K, with most transactions falling within a stable range of RM 364K to RM 466K, and a typical market range of RM 370K to RM 460K.

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

For price per square foot, the median is RM 396, with most transactions between RM 361 and RM 430. The usual range is RM 360.25 to RM 430.75, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 34, 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.