Area Intelligence

PRESTIGE III

38 properties
Condo/Apartment
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Median Price
RM 330,000
PSF: RM 362

Residential Market

Median Price

RM 330,000

IQR: RM 68
MAD: RM 37
RM 362 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 38 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 330K and a median price per square foot (PSF) of RM 362.

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 330K, with most transactions falling within a stable range of RM 253K to RM 370K, and a typical market range of RM 191K to RM 370K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 362, with core pricing between RM 309 and RM 415. Market pricing typically extends from RM 319.75 to RM 404.25, reflecting moderate variation in unit pricing. With an IQR of RM 84.50 and MAD of RM 53, 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.

Area Location

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PRESTIGE III, Barat Daya, Penang

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Transactions

38 properties grouped by size

650 sqft
11 units (showing 6) Condo/Apartment
RM 180,000
646 sqft · RM 279.00 PSF
Jun 2024
RM 230,000
646 sqft · RM 356.00 PSF
May 2024
RM 180,000
646 sqft · RM 279.00 PSF
Apr 2024
RM 150,000
646 sqft · RM 232.00 PSF
Jan 2024
RM 205,000
646 sqft · RM 317.00 PSF
Jan 2024
RM 160,000
646 sqft · RM 248.00 PSF
Nov 2023
900 sqft
27 units (showing 6) Condo/Apartment
RM 340,000
911 sqft · RM 373.00 PSF
Oct 2024
RM 340,000
911 sqft · RM 373.00 PSF
Mar 2024
RM 360,000
911 sqft · RM 395.00 PSF
Mar 2024
RM 345,000
911 sqft · RM 379.00 PSF
Feb 2024
RM 365,000
911 sqft · RM 401.00 PSF
Dec 2023
RM 350,000
911 sqft · RM 384.00 PSF
Sep 2023