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SOUTHBAY PLAZA

Barat Daya, Pulau Pinang · Commercial · 7 recorded sales, Sep 2022 to Nov 2025

Thinly traded · 3 sales in 12 monthsShop Unit/Retail Lot · 4Condominium/Apartment · 3
RM 540psf median, against built-up area · 3 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 512 – 549 psf
Median price
RM 743,650
Price range
RM 405k – RM 1.30m
Built-up area
1,111 – 1,708 sq ft
Land area · 4
1,094 – 2,064 sq ft
Median price per sq ft of land
RM 655

Median of 3 sales that carry a usable area, out of 7 on record — NAPIC published no area for the other 4, so they have no psf. Half the sales fell inside the middle-half band; half did not.

Land is published separately from built-up area and is the larger of the two here — a median of 1,181 sq ft against 1,111. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

3 sales in the 12 months to Nov 2025. Last on record: 10 Nov 2025.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20221 · RM 558 psf
20231
20242 · RM 540 psf
20253 · RM 483 psf

Quarterly medians · not a price trend

4745215672022 Q3 — RM 558 psf, 1 sale2024 Q2 — RM 540 psf, 1 sale2025 Q4 — RM 483 psf, 1 sale
2022 Q32025 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 3 priced sales

RM 485–490 psf — 1 saleRM 490–496 psf — 0 salesRM 496–501 psf — 0 salesRM 501–506 psf — 0 salesRM 506–511 psf — 0 salesRM 511–516 psf — 0 salesRM 516–521 psf — 0 salesRM 521–527 psf — 0 salesRM 527–532 psf — 0 salesRM 532–537 psf — 0 salesRM 537–542 psf — 1 saleRM 542–547 psf — 0 salesRM 547–552 psf — 0 salesRM 552–557 psf — 1 sale
RM 485RM 557 psf

Each bar counts sales in a RM 5 psf band, measured against built-up area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 7 of 7

DateTypeFloorArea (sq ft)PricepsfTenure
10 Nov 2025Condominium/Apartment301,708RM 825,000483Freehold
10 Nov 2025Shop Unit/Retail Lot3—RM 743,650—Freehold
10 Nov 2025Shop Unit/Retail Lot2—RM 743,650—Freehold
6 May 2024Condominium/Apartment121,111RM 600,000540Freehold
8 Jan 2024Shop Unit/Retail Lot4—RM 1,300,000—Freehold
26 Dec 2023Shop Unit/Retail Lot3—RM 405,000—Freehold
22 Sep 2022Condominium/Apartment131,111RM 620,000558Freehold

Others in Barat Daya · commercial

TAMAN SRI BAYAN
RM 484 psf · 12 sales · 3.7 km
SUNTECH@PENANG CYBERCITY
7 sales · 4.6 km
D'PIAZZA MALL
19 sales · 4.6 km
ARENA CURVE @ THE ARENA
11 sales · 4.7 km
KRISTAL POINT
32 sales · 5.3 km
TAMAN SRI NIBONG FASA 4B
6 sales · 5.7 km
TAMAN SRI TUNAS
RM 553 psf · 14 sales · 5.9 km
DESARIA
RM 543 psf · 12 sales · 13.7 km

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: built-up area. Nothing here is a valuation.