Sungai Pinang Residence
Residential Transaction Prices
Sungai Pinang Residence is a township/project located in Barat Daya, Pulau Pinang. The median transacted price for Sungai Pinang Residence is RM 567,500 with a median transacted price of RM 300.71 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 567,500
7.28% YoY
Lower: RM 540,000
Upper: RM 595,000
Median price per sq.ft. (psf)
RM 300.71
-16.17% YoY
Lower: RM 235.22
Upper: RM 366.19
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.
Sungai Pinang Residence Median Price Psf
Latest Transactions from Dec 23 to Nov 24
(2 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| November 2024 | Terraced House | Freehold | Sungai Pinang Residency | 1,474.65 sq.ft | 1,921.14 sq.ft | RM 540,000 | RM 366 |
| December 2023 | Terraced House | Freehold | Jalan Pantai Aceh | 2,529.52 sq.ft | 1,921.14 sq.ft | RM 595,000 | RM 235 |
November 2024
Type: Terraced House
Tenure: Freehold
Road: Sungai Pinang Residency
Land Area: 1,474.65 sq.ft
Build Area: 1,921.14 sq.ft
Transaction: RM 540,000
Price PSF: RM 366
December 2023
Type: Terraced House
Tenure: Freehold
Road: Jalan Pantai Aceh
Land Area: 2,529.52 sq.ft
Build Area: 1,921.14 sq.ft
Transaction: RM 595,000
Price PSF: RM 235
Frequently Asked Questions
What factors affect residential property prices in Sungai Pinang Residence, Barat Daya?
Residential property prices in Sungai Pinang Residence, Barat Daya are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Sungai Pinang Residence, Barat Daya?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Sungai Pinang Residence, Barat Daya.
How have residential property prices changed recently in Sungai Pinang Residence, Barat Daya?
In the past 12 months, residential property prices in Sungai Pinang Residence, Barat Daya have increased by 7.28% YoY.
What is the median price for residential property in Sungai Pinang Residence, Barat Daya?
The median price for residential property in Sungai Pinang Residence, Barat Daya is RM 567,500.
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.