| LIST.MY · Pala Place | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2025 | |||||
|
Level 3
|
RM150,000
|
RM225
|
667 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 5
|
RM42,000
|
RM63
|
667 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 3
|
RM42,000
|
RM63
|
667 sqft
|
|
LC Flat |
|
Level 5
|
RM42,000
|
RM63
|
667 sqft
|
|
LC Flat |
|
Level 8
|
RM42,000
|
RM63
|
667 sqft
|
|
LC Flat |
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1, 2, Jalan Teluk Bahang, Kampung Keling, 11050, Penang, Malaysia
MapsPala Place in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 625 and 674 sqft, with a median price of RM42K and a median price per square foot (PSF) of RM63.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM63, though individual units vary from RM0 to RM128 in the core range. The broader market spans RM62.93 to RM62.93, indicating diverse property characteristics. A wider spread (IQR: RM0.00) and deviation (MAD: RM65) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.