Forestville

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

21 subsales grouped by size

Median
RM500,000
PSF
RM497
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM535,000
Level 12
1,001 sqft · RM534 PSF
RM520,000
Level 13
1,001 sqft · RM519 PSF
RM525,000
Level 27
1,001 sqft · RM524 PSF
RM530,000
Level 11
1,001 sqft · RM529 PSF
RM495,000
Level 27
1,000 sqft · RM495 PSF
RM490,000
Level 20
1,001 sqft · RM489 PSF
+10 more
1,050 sqft
Condo
RM520,000
Level 9
1,055 sqft · RM493 PSF
RM500,000
Level 13
1,055 sqft · RM474 PSF
RM550,000
Level 22
1,055 sqft · RM521 PSF
RM460,000
Level 5
1,055 sqft · RM436 PSF
RM564,000
Level 6
1,055 sqft · RM535 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM497 psf

Median transaction price

Low

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Forestville
© OpenStreetMap · CARTO

Lengkok Kelicap, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Forestville in Barat Daya, Penang recorded 21 subsale transactions in 2022, with a median price of RM500K and a median price per square foot (PSF) of RM497.

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 RM500K, with most transactions falling within a stable range of RM472K to RM528K, and a typical market range of RM478K to RM523K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM497, with most transactions between RM470 and RM525. The usual range is RM469.48 to RM525.48, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM28, 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. Moderate transaction volume may require patience when buying or selling.