PRESTIGE III

PRESTIGE III in Barat Daya, Penang recorded 2 subsale transactions in 2025, with a median price of RM 630K and a median price per square foot (PSF) of RM 455.

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 630K, with most transactions falling within a stable range of RM 550K to RM 710K, and a typical market range of RM 550K to RM 710K.

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

The median PSF stands at RM 455, with core pricing between RM 402 and RM 507. Market pricing typically extends from RM 412.25 to RM 496.75, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.