PRESTIGE III Transaction Price & PSF
PRESTIGE III Condominium/Apartment Residential Property Market | residential | Data through April 2026
This market snapshot focuses on the residential segment for PRESTIGE III within Pulau Pinang. It explains how readers can interpret the transaction data and benchmarks without assuming future price movements or guarantees.
Market overview
The residential Condominium/Apartment category within the PRESTIGE III scheme shows activity concentrated in the Barat Daya district and Mukim D. The dominant submarket in this dataset is the PRESTIGE III scheme for condominium and apartment properties, with the activity mix indicating engagement centered in this scheme. The observed period exhibits fluctuations in transaction activity, reflecting shifting buyer interest and market timing. To maintain clarity, different property categories should be compared separately rather than mixed together.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Condominium/Apartment
Within the PRESTIGE III snapshot, the Condominium/Apartment category constitutes the central focus of residential market activity in Barat Daya, suggesting buyers engaging with this scheme predominantly target this property type within the district and mukim.
How to interpret this market
Readers can use the transaction benchmarks as a contextual guide to understand relative positioning within the scheme and district. When evaluating a property, compare like with like: same property type, within the same scheme, and in the same district. Recognize that individual properties may differ in features, condition, and timing, so benchmarks indicate relative standing rather than a guaranteed outcome.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Barat Daya property dataFrequently asked questions
What does this PRESTIGE III market snapshot cover?
It covers residential transactions within the Condominium/Apartment category for the PRESTIGE III scheme in Barat Daya, Mukim D, Pulau Pinang, during the observed period. It does not provide forecasts or investment guarantees.
How should I use the transaction benchmarks when evaluating a property?
Treat benchmarks as a contextual guide showing observed activity and pricing positioning within the relevant scheme and district. Do not assume a property will perform exactly like the benchmark.
Can I compare PRESTIGE III with other schemes or districts?
Yes, but ensure you compare within the same property category and be mindful that cross category comparisons can be misleading. Compare like with like to avoid misinterpretation.
Summary
This analysis offers a neutral view of the PRESTIGE III residential market within Barat Daya. Readers should compare property types and transaction benchmarks separately to form a grounded understanding of market positioning.
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Methodology
Median transaction price for the selected market scope.
Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.
Unavailable measurements are not estimated or inferred.
Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.