Palmyra Residences
11020 Balik Pulau, Pulau Pinang, Malaysia
11020 Balik Pulau, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sungai Nipah 6
|
RM550,000
|
RM338
|
1,625 sqft
|
|
|
|
Jalan Nipah 15
|
RM480,000
|
RM295
|
1,625 sqft
|
|
Selling in Palmyra Residences? Homes here sold for a median of RM515,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in G
Market Snapshot
ResidentialRM515,000
RM317 psfMedian transaction price
Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia
MapsPalmyra Residences in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM515K and a median price per square foot (PSF) of RM317.
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 RM515K, with most transactions falling within a stable range of RM480K to RM550K, and a typical market range of RM480K to RM550K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM317, with most transactions between RM295 and RM338. The usual range is RM285.60 to RM348.10, showing that most units are priced quite close to each other. With an IQR of RM62.50 and MAD of RM22, 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.