PALMYRA RESIDENCES
Residential Market
Median Price
RM 552,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
14 properties
Median Price
RM 547,500
+3.7% CAGR
Median PSF
RM 411.00
-6.0% CAGR
Double Storey Semi-D
2 properties
Median Price
RM 605,000
-1.6% CAGR
Median PSF
RM 252.00
-1.6% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 14 |
RM 547,500
±30K MAD
|
+3.74% |
RM 411.00
±27 MAD
|
-5.96% | |
Double Storey Semi-D | 2 |
RM 605,000
±5K MAD
|
-1.64% |
RM 252.00
±2 MAD
|
-1.57% |
PALMYRA RESIDENCES in Barat Daya, Penang recorded 14 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 553K and a median price per square foot (PSF) of RM 437.
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 RM 553K, with most transactions falling within a stable range of RM 510K to RM 595K, and a typical market range of RM 518K to RM 588K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
The median PSF stands at RM 437, with core pricing between RM 383 and RM 490. Market pricing typically extends from RM 402.50 to RM 470.50, reflecting moderate variation in unit pricing. With an IQR of RM 68.00 and MAD of RM 53, 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.
Filter by type, year, price, and size
Transactions
14 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN SUNGAI NIPAH 11
|
RM 555,000
|
RM 448.00
|
1,238 sqft
|
Jul 2023
|
|
JALAN SUNGAI NIPAH 8
|
RM 570,000
|
RM 460.00
|
1,238 sqft
|
Dec 2022
|
|
JALAN SUNGAI NIPAH 6
|
RM 550,000
|
RM 444.00
|
1,238 sqft
|
Dec 2021
|
|
JLN NIPAH 15
|
RM 480,000
|
RM 388.00
|
1,238 sqft
|
Dec 2021
|
JLN SG NIPAH 6
|
RM 550,000
|
RM 429.00
|
1,281 sqft
|
Jan 2024
|
|
JLN SG NIPAH 6
|
RM 580,000
|
RM 453.00
|
1,281 sqft
|
Aug 2023
|
|
JALAN SUNGAI NIPAH 6
|
RM 600,000
|
RM 468.00
|
1,281 sqft
|
May 2023
|
|
JALAN SUNGAI NIPAH 6
|
RM 600,000
|
RM 468.00
|
1,281 sqft
|
Mar 2023
|
|
JALAN SUNGAI NIPAH 6
|
RM 490,000
|
RM 383.00
|
1,281 sqft
|
Sep 2022
|
|
JALAN SUNGAI NIPAH 6
|
RM 600,000
|
RM 468.00
|
1,281 sqft
|
Jul 2022
|
JALAN SUNGAI NIPAH 8
|
RM 600,000
|
RM 263.00
|
2,282 sqft
|
Mar 2024
|