Palmyra Residences
11020 Balik Pulau, Pulau Pinang, Malaysia
11020 Balik Pulau, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sungai Nipah 8
|
RM600,000
|
RM377
|
1,593 sqft
|
|
|
Jalan Sungai Nipah 6
|
RM550,000
|
RM338
|
1,625 sqft
|
|
Selling in Palmyra Residences? Homes here sold for a median of RM575,000.
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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
ResidentialRM575,000
RM358 psfMedian transaction price
Palmyra Residences, 11020 Balik Pulau, Pulau Pinang, Malaysia
MapsPalmyra Residences in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM575K and a median price per square foot (PSF) of RM358.
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 RM575K, with most transactions falling within a stable range of RM550K to RM600K, and a typical market range of RM550K to RM600K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM358, with most transactions between RM338 and RM377. The usual range is RM326.26 to RM388.76, showing that most units are priced quite close to each other. With an IQR of RM62.50 and MAD of RM19, 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.