Sungai Pinang Residence
11000 Balik Pulau, Penang, Malaysia
11000 Balik Pulau, Penang, Malaysia
| LIST.MY · Sungai Pinang Residence | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Jalan Pantai Aceh
|
RM595,000
|
RM311
|
1,916 sqft
|
|
2-Sty Terrace |
|
Jalan Pantai Aceh
|
RM538,000
|
RM281
|
1,916 sqft
|
|
2-Sty Terrace |
|
Jalan Pantai Aceh
|
RM520,000
|
RM271
|
1,916 sqft
|
|
2-Sty Terrace |
Selling in Sungai Pinang Residence? Homes here sold for a median of RM538,000.
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Market Snapshot
ResidentialRM538,000
RM281 psfMedian transaction price
11000 Balik Pulau, Penang, Malaysia
MapsSungai Pinang Residence in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM538K and a median price per square foot (PSF) of RM281.
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 RM538K, with most transactions falling within a stable range of RM520K to RM570K, and a typical market range of RM520K to RM560K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM281, with most transactions between RM264 and RM297. The usual range is RM233.43 to RM328.18, showing that most units are priced quite close to each other. With an IQR of RM94.75 and MAD of RM17, 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.