Pulau Pinang
Residential Transaction Prices
Pulau Pinang is one of the 13 states in Malaysia. The median transacted price for the state of Pulau Pinang is RM 360,000 with a median transacted price of RM 356.43 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 360,000
-7.69% YoY
Lower: RM 250,000
Upper: RM 550,000
Median price per sq.ft. (psf)
RM 356.43
1.51% YoY
Lower: RM 262.69
Upper: RM 457.37
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Pulau Pinang Median Price Psf
Pulau Pinang Property Transactions: Areas, Projects, and Buildings
1232 Results (3055 Transactions)
| Project/township/building | Tenure | Type | Median price | Median PSF | Transaction |
|---|---|---|---|---|---|
SCIENTEX SUNGAI DUA Seberang Perai Utara, Pulau Pinang | Freehold | Terraced House | RM 303,000 | RM 322 | 29 |
TAMAN TERUBONG INDAH Timur Laut, Pulau Pinang | Freehold | Flat | RM 230,000 | RM 329 | 29 |
BERTAM PERDANA Seberang Perai Utara, Pulau Pinang | Freehold | Terraced House | RM 345,000 | RM 263 | 25 |
TAMAN WIDURI Seberang Perai Selatan, Pulau Pinang | Freehold | Terraced House | RM 295,000 | RM 233 | 22 |
BANDAR BARU AIR ITAM Timur Laut, Pulau Pinang | Freehold | Flat | RM 150,000 | RM 290 | 21 |
BAYAN BARU Barat Daya, Pulau Pinang | Leasehold | Flat | RM 163,500 | RM 307 | 20 |
BANDAR TASEK MUTIARA Seberang Perai Selatan, Pulau Pinang | Freehold | Terraced House | RM 400,000 | RM 292 | 20 |
GREEN GARDEN - MK. 13 Timur Laut, Pulau Pinang | Freehold | Flat | RM 230,000 | RM 427 | 19 |
DESA PERMATA Timur Laut, Pulau Pinang | Freehold | Flat | RM 270,000 | RM 392 | 17 |
EMERALD RESIDENCE Barat Daya, Pulau Pinang | Freehold | Apartment | RM 543,500 | RM 486 | 16 |
SCIENTEX SUNGAI DUA
Seberang Perai Utara, Pulau Pinang
TAMAN TERUBONG INDAH
Timur Laut, Pulau Pinang
BERTAM PERDANA
Seberang Perai Utara, Pulau Pinang
TAMAN WIDURI
Seberang Perai Selatan, Pulau Pinang
BANDAR BARU AIR ITAM
Timur Laut, Pulau Pinang
BAYAN BARU
Barat Daya, Pulau Pinang
BANDAR TASEK MUTIARA
Seberang Perai Selatan, Pulau Pinang
GREEN GARDEN - MK. 13
Timur Laut, Pulau Pinang
DESA PERMATA
Timur Laut, Pulau Pinang
EMERALD RESIDENCE
Barat Daya, Pulau Pinang
Frequently Asked Questions
What factors affect residential property prices in Pulau Pinang, Malaysia?
Residential property prices in Pulau Pinang, Malaysia are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Pulau Pinang, Malaysia?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Pulau Pinang, Malaysia.
How have residential property prices changed recently in Pulau Pinang, Malaysia?
In the past 12 months, residential property prices in Pulau Pinang, Malaysia have decreased by -7.69% YoY.
What is the median price for residential property in Pulau Pinang, Malaysia?
The median price for residential property in Pulau Pinang, Malaysia is RM 360,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.