PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 279.

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 180K, with most transactions falling within a stable range of RM 154K to RM 206K, and a typical market range of RM 150K to RM 230K.

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

The median PSF stands at RM 279, with core pricing between RM 238 and RM 320. Market pricing typically extends from RM 236.75 to RM 321.25, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 41, 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. Limited transaction history suggests carefully evaluating comparable sales data.