PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 80 subsale transactions between 2021 and 2025, with a median price of RM 439K and a median price per square foot (PSF) of RM 373.

This area contains both residential and commercial properties. View 71 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 439K, with most transactions falling within a stable range of RM 304K to RM 574K, and a typical market range of RM 300K to RM 578K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

The median PSF stands at RM 373, with core pricing between RM 328 and RM 417. Market pricing typically extends from RM 330.25 to RM 414.75, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.