Ramah Pavilion

3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Median
RM415,000
PSF
RM395
Price Size
Period
transactions middle 50% (P25–P75)
RM380,000
Level 14
950 sqft RM400 PSF
RM450,000
Level 29
1,152 sqft RM391 PSF
RM487,000
Level 24
1,345 sqft RM362 PSF
RM363,000
Level 13
797 sqft RM456 PSF
Legend Recent Highest Price Highest PSF

Selling in Ramah Pavilion? Homes here sold for a median of RM415,000.

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Market Snapshot

Residential

RM415,000

RM395 psf

Median transaction price

Average

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Ramah Pavilion
© OpenStreetMap · CARTO

3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Ramah Pavilion in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM415K and a median price per square foot (PSF) of RM395.

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 RM415K, with most transactions falling within a stable range of RM364K to RM466K, and a typical market range of RM370K to RM460K.

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

For price per square foot, the median is RM395, with most transactions between RM361 and RM429. The usual range is RM361.87 to RM428.87, showing that most units are priced quite close to each other. With an IQR of RM67.00 and MAD of RM34, 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.