BandingHouse

Idaman Lavender 3

Barat Daya, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Idaman Lavender 3 have sold for a median of

RM332,000

RM441 psf on the recorded floor area

RM312,000median RM332,000RM350,000

Half of the 45 recorded sales fell between RM312,000 and RM350,000. One in ten went under RM301,600, one in ten over RM380,000. Sales run from 27 September 2021 to 5 November 2025.

Up 2% from a RM323,000 median in 2022 to RM330,000 in 2025.

On mudah.my right now — 30 ads naming Idaman Lavender 3

Sellers are asking a median of

RM465 psf

That is +5% above the RM441 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.

Ads asking between RM315,000 and RM353,000 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM310,000RM412 psf3
2022RM323,000RM429 psf11
2023RM340,000RM452 psf13
2024RM345,000RM458 psf6
2025RM330,000RM438 psf12

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Idaman Lavender 3 sits 22 of 64 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Idaman Lavender 3’s own median is RM332,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM332,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM33,200
  • Transfer duty (MOT): RM5,640
  • Loan duty (0.5%): RM1,494
  • Total cash: RM40,334
  • Qualifying first home: RM33,200 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,323
  • Total monthly: RM1,323

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Idaman Lavender 3 sold for?
A median of RM332,000 (RM441 psf), from 45 land-office transactions between 27 September 2021 and 5 November 2025.
What is a typical band here?
Half of recorded sales fell between RM312,000 and RM350,000. One in ten went under RM301,600; one in ten over RM380,000.
Has the median moved?
From RM323,000 in 2022 to RM330,000 in 2025 (+2%), using only years with five or more sales.
How do live ads compare?
Ads naming Idaman Lavender 3 ask a median of RM465 psf +5% versus the RM441 psf buyers paid here. Same scheme match; not a mark-up on every listing.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.