PRESTIGE III
Residential Market
Median Price
RM 435,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,240,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
38 properties
Median Price
RM 330,000
-11.3% CAGR
Median PSF
RM 362.00
-0.6% CAGR
Double Storey Terraced
26 properties
Median Price
RM 600,000
+9.2% CAGR
Median PSF
RM 403.50
+9.2% CAGR
Double Storey Shop
9 properties
Median Price
RM 1,260,000
+2.7% CAGR
Median PSF
RM 1,052.00
+2.7% CAGR
Single Storey Terraced
4 properties
Median Price
RM 435,000
+7.8% CAGR
Median PSF
RM 311.00
+8.3% CAGR
Double Storey Semi-D
3 properties
Median Price
RM 688,750
+2.6% CAGR
Median PSF
RM 238.75
-19.8% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 38 |
RM 330,000
|
-11.34% |
RM 362.00
|
-0.56% | |
| Double Storey Terraced | 26 |
RM 600,000
±65K MAD
|
+9.16% |
RM 403.50
±47 MAD
|
+9.17% | |
| Double Storey Shop | 9 |
RM 1,260,000
±30K MAD
|
+2.70% |
RM 1,052.00
±25 MAD
|
+2.71% | |
| Single Storey Terraced | 4 |
RM 435,000
±27K MAD
|
+7.75% |
RM 311.00
±19 MAD
|
+8.32% | |
| Double Storey Semi-D | 3 |
RM 688,750
±9K MAD
|
+2.57% |
RM 238.75
±26 MAD
|
-19.81% |
PRESTIGE III in Barat Daya, Penang recorded 22 subsale transactions in 2022, with a median price of RM 488K and a median price per square foot (PSF) of RM 371.
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 488K, with most transactions falling within a stable range of RM 225K to RM 750K, and a typical market range of RM 348K to RM 627K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
Price per square foot shows a median of RM 371, though individual units vary from RM 171 to RM 570 in the core range. The broader market spans RM 328.25 to RM 412.75, indicating diverse property characteristics. A wider spread (IQR: RM 84.50) and deviation (MAD: RM 200) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
22 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 155,000
|
RM 240.00
|
646 sqft
|
Nov 2022
|
|
RM 360,000
|
RM 395.00
|
911 sqft
|
Dec 2022
|
||
|
RM 350,000
|
RM 383.00
|
915 sqft
|
Dec 2022
|
||
|
RM 330,000
|
RM 362.00
|
911 sqft
|
Sep 2022
|
||
|
RM 340,000
|
RM 373.00
|
911 sqft
|
Aug 2022
|
||
|
RM 330,000
|
RM 362.00
|
911 sqft
|
Jul 2022
|
||
|
RM 319,000
|
RM 350.00
|
911 sqft
|
Jun 2022
|
||
|
RM 330,000
|
RM 362.00
|
911 sqft
|
Mar 2022
|
||
|
RM 330,000
|
RM 362.00
|
911 sqft
|
Mar 2022
|
|
KUALA JALAN BAHRU
|
RM 1,200,000
|
RM 1,004.00
|
1,195 sqft
|
May 2022
|
|
|
KUALA JALAN BAHRU
|
RM 1,280,000
|
RM 1,071.00
|
1,195 sqft
|
Feb 2022
|
|
LORONG PRESTIJ 3
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Nov 2022
|
Double Storey Terraced |
|
SOLOK PRESTIJ 3
|
RM 505,000
|
RM 361.00
|
1,399 sqft
|
Nov 2022
|
Double Storey Terraced |
|
SOLOK PRESTIJ 5
|
RM 520,000
|
RM 377.00
|
1,378 sqft
|
Sep 2022
|
Double Storey Terraced |
|
LORONG PRESTIGE 5
|
RM 400,000
|
RM 286.00
|
1,399 sqft
|
Jun 2022
|
Single Storey Terraced |
|
BALIK PULAU
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Jun 2022
|
Double Storey Terraced |
|
LORONG PRESTIJ 6
|
RM 515,000
|
RM 368.00
|
1,399 sqft
|
Jun 2022
|
Double Storey Terraced |
|
LORONG PRESTIJ 8
|
RM 680,000
|
RM 265.00
|
2,562 sqft
|
Oct 2022
|