Area Intelligence

PRESTIGE III

3 properties
Double Storey Semi-D
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Median Price
RM 680,000
PSF: RM 234

Residential Market

Median Price

RM 680,000

IQR: RM 68
MAD: RM 37
RM 234 PSF 1.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,280,000

IQR: RM 67
MAD: RM 58
RM 1,062 PSF 2.7%

PSF Trends (2021-2025)

PRESTIGE III in Barat Daya, Penang recorded 3 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 680K and a median price per square foot (PSF) of RM 234.

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 680K, with most transactions falling within a stable range of RM 600K to RM 760K, and a typical market range of RM 600K to RM 795K.

Within the Double Storey Semi-D category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 234, with core pricing between RM 204 and RM 264. Market pricing typically extends from RM 191.75 to RM 276.25, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 30, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PRESTIGE III, Barat Daya, Penang

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Transactions

3 properties grouped by size

2,550 sqft
2 units Double Storey Semi-D
RM 600,000
LORONG PRESTIJ 8
2,562 sqft · RM 234.00 PSF
Dec 2023
RM 680,000
LORONG PRESTIJ 8
2,562 sqft · RM 265.00 PSF
Oct 2022
4,150 sqft
1 units Double Storey Semi-D
RM 795,000
LORONG PRESTIJ 8
4,155 sqft · RM 191.00 PSF
May 2023