Palmyra Residences

11020 Balik Pulau, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,650 sqft
2-Sty Terrace
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
2,400 sqft
Semi-D
RM600,000
Jalan Sungai Nipah 11
2,400 sqft · RM250 PSF
Legend Recent Highest Price Highest PSF

Selling in Palmyra Residences? Homes here sold for a median of RM600,000.

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Market Snapshot

Residential

RM600,000

RM357 psf

Median transaction price

Palmyra Residences
© OpenStreetMap · CARTO

Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia

Maps

Palmyra Residences in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM600K and a median price per square foot (PSF) of RM357.

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 RM600K, with most transactions falling within a stable range of RM582K to RM600K, and a typical market range of RM555K to RM600K.

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

The median PSF stands at RM357, with core pricing between RM312 and RM402. Market pricing typically extends from RM325.60 to RM388.10, reflecting moderate variation in unit pricing. With an IQR of RM62.50 and MAD of RM45, 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.