Sungai Pinang Residence
11000 Balik Pulau, Penang, Malaysia
11000 Balik Pulau, Penang, Malaysia
Selling in Sungai Pinang Residence? Homes here sold for a median of RM540,000.
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Market Snapshot
ResidentialRM540,000
RM282 psfMedian transaction price
11000 Balik Pulau, Penang, Malaysia
MapsSungai Pinang Residence in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM540K and a median price per square foot (PSF) of RM282.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM282, with most transactions between RM282 and RM282. The usual range is RM234.46 to RM329.22, showing that most units are priced quite close to each other. With an IQR of RM94.75 and MAD of RM0, 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.