Ramah Pavilion

3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

9 subsales grouped by size

Median
RM420,000
PSF
RM372
Price Size
Period
transactions middle 50% (P25–P75)
800 sqft
Condo
RM335,000
Level 21
797 sqft · RM421 PSF
950 sqft
Condo
RM360,000
Level 32
958 sqft · RM376 PSF
RM300,000
Level 19
958 sqft · RM313 PSF
RM400,000
Level 19
958 sqft · RM418 PSF
1,150 sqft
Condo
RM538,000
Level 20
1,152 sqft · RM467 PSF
RM423,000
Level 23
1,173 sqft · RM361 PSF
1,250 sqft
Condo
RM420,000
Level 15
1,249 sqft · RM336 PSF
RM460,000
Level 36
1,249 sqft · RM368 PSF
1,350 sqft
Condo
RM500,000
Level 34
1,345 sqft · RM372 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM420,000

RM372 psf

Median transaction price

Average

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Ramah Pavilion
© OpenStreetMap · CARTO

3, Jalan Teluk Kumbar, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Ramah Pavilion in Barat Daya, Penang recorded 9 subsale transactions in 2022, with a median price of RM420K and a median price per square foot (PSF) of RM372.

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 RM420K, with most transactions falling within a stable range of RM347K to RM493K, and a typical market range of RM375K to RM465K.

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

The median PSF stands at RM372, with core pricing between RM327 and RM416. Market pricing typically extends from RM338.11 to RM405.11, reflecting moderate variation in unit pricing. With an IQR of RM67.00 and MAD of RM44, 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.