Palmyra Residences

11020 Balik Pulau, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,650 sqft
2-Sty Terrace
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 RM515,000.

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Market Snapshot

Residential

RM515,000

RM317 psf

Median transaction price

Palmyra Residences
© OpenStreetMap · CARTO

Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia

Maps

Palmyra 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.