Ramah Pavilion

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

Property Transactions

16 subsales found

Median
RM396,500
PSF
RM391
Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Level 30
1,152 sqft RM391 PSF
RM380,000
Level 29
797 sqft RM477 PSF
RM560,000
Level 6
1,249 sqft RM448 PSF
RM420,000
Level 20
1,152 sqft RM365 PSF
RM370,000
Level 19
958 sqft RM386 PSF
RM443,000
Level 14
1,173 sqft RM378 PSF
RM370,000
Level 8
797 sqft RM465 PSF
RM400,000
Level 34
797 sqft RM502 PSF
RM370,000
Level 8
797 sqft RM465 PSF
RM350,000
Level 25
958 sqft RM365 PSF
RM488,000
Level 38
1,249 sqft RM391 PSF
RM330,000
Level 20
797 sqft RM414 PSF
RM410,000
Level 18
958 sqft RM428 PSF
RM393,000
Level 11
1,055 sqft RM373 PSF
RM330,000
Level 26
958 sqft RM344 PSF
RM440,000
Level 26
1,152 sqft RM382 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM396,500

RM391 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 16 subsale transactions in 2023, with a median price of RM397K and a median price per square foot (PSF) of RM391.

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 RM397K, with most transactions falling within a stable range of RM338K to RM455K, and a typical market range of RM352K to RM442K.

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

The median PSF stands at RM391, with core pricing between RM345 and RM437. Market pricing typically extends from RM357.27 to RM424.27, reflecting moderate variation in unit pricing. With an IQR of RM67.00 and MAD of RM46, 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.