PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 565K and a median price per square foot (PSF) of RM 408.

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 565K, with most transactions falling within a stable range of RM 471K to RM 659K, and a typical market range of RM 426K to RM 704K.

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

The median PSF stands at RM 408, with core pricing between RM 340 and RM 476. Market pricing typically extends from RM 365.75 to RM 450.25, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.