PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 340K 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 340K, with most transactions falling within a stable range of RM 321K to RM 359K, and a typical market range of RM 285K to RM 370K.

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

For price per square foot, the median is RM 373, with most transactions between RM 352 and RM 394. The usual range is RM 330.75 to RM 415.25, showing that most units are priced quite close to each other. With an IQR of RM 84.50 and MAD of RM 21, 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.