Palmyra Residences

11020 Balik Pulau, Pulau Pinang, Malaysia

Property Transactions

14 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM510,000
Jalan Sungai Nipah 11
1,625 sqft RM314 PSF
RM510,000
Jalan Sungai Nipah 6
1,625 sqft RM314 PSF
RM550,000
Jalan Sungai Nipah 6
1,625 sqft RM338 PSF
RM580,000
Jalan Sungai Nipah 6
1,625 sqft RM357 PSF
RM555,000
Jalan Sungai Nipah 11
1,625 sqft RM341 PSF
RM600,000
Jalan Sungai Nipah 6
1,625 sqft RM369 PSF
RM600,000
Jalan Sungai Nipah 6
1,625 sqft RM369 PSF
RM570,000
Jalan Sungai Nipah 8
1,625 sqft RM351 PSF
RM490,000
Jalan Sungai Nipah 6
1,625 sqft RM301 PSF
RM600,000
Jalan Sungai Nipah 6
1,625 sqft RM369 PSF
RM540,000
Jalan Sungai Nipah 6
1,625 sqft RM332 PSF
RM500,000
Jalan Sungai Nipah 6
1,625 sqft RM308 PSF
RM550,000
Jalan Sungai Nipah 6
1,625 sqft RM338 PSF
RM480,000
Jalan Nipah 15
1,625 sqft RM295 PSF
Legend Recent Highest Price Highest PSF

Selling in Palmyra Residences? Homes here sold for a median of RM550,000.

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Market Snapshot

Residential

RM550,000

RM338 psf

Median transaction price

Palmyra Residences
© OpenStreetMap · CARTO

Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia

Maps

Palmyra Residences in Barat Daya, Penang recorded 14 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM550K and a median price per square foot (PSF) of RM338.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM550K, with most transactions falling within a stable range of RM510K to RM590K, and a typical market range of RM505K to RM595K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM338, with most transactions between RM314 and RM363. The usual range is RM307.14 to RM369.64, showing that most units are priced quite close to each other. With an IQR of RM62.50 and MAD of RM25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.