Solaria Residences

Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM565,000
PSF
RM520
Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Condo
RM580,000
Level 11
1,087 sqft · RM534 PSF
RM570,000
Level 12
1,087 sqft · RM524 PSF
RM550,000
Level 11
1,098 sqft · RM501 PSF
RM630,000
Level 18
1,087 sqft · RM579 PSF
RM499,000
Level 13
1,098 sqft · RM454 PSF
RM560,000
Level 8
1,087 sqft · RM515 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM565,000

RM520 psf

Median transaction price

Low

Does SOLARIA RESIDENCES rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Medan Rajawali, Kampung Perlis, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Solaria Residences in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM565K and a median price per square foot (PSF) of RM520.

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 RM565K, with most transactions falling within a stable range of RM526K to RM604K, and a typical market range of RM527K to RM604K.

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

For price per square foot, the median is RM520, with most transactions between RM482 and RM557. The usual range is RM490.21 to RM549.21, showing that most units are priced quite close to each other. With an IQR of RM59.00 and MAD of RM37, 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.