BandingHouse

Imperial Residences

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

Homes in Imperial Residences have sold for a median of

RM570,000

RM501 psf on the recorded floor area

RM528,000median RM570,000RM605,000

Half of the 51 recorded sales fell between RM528,000 and RM605,000. One in ten went under RM512,700, one in ten over RM630,000. Sales run from 13 November 2021 to 5 February 2026.

Up 2% from a RM570,000 median in 2021 to RM581,600 in 2024.

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
2021RM570,000RM514 psf7
2022RM588,063RM495 psf22
2023RM555,500RM501 psf10
2024RM581,600RM524 psf7
2025RM577,500RM497 psf4
2026RM620,000RM510 psf1

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, Imperial Residences sits 50 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. Imperial Residences’s own median is RM570,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM570,000 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%): RM57,000
  • Transfer duty (MOT): RM11,100
  • Loan duty (0.5%): RM2,565
  • Total cash: RM70,665

Monthly carry

  • Instalment (35y @ 4.00%): RM2,271
  • Total monthly: RM2,271

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

Adjust these numbers

Questions this record answers

What have homes in Imperial Residences sold for?
A median of RM570,000 (RM501 psf), from 51 land-office transactions between 13 November 2021 and 5 February 2026.
What is a typical band here?
Half of recorded sales fell between RM528,000 and RM605,000. One in ten went under RM512,700; one in ten over RM630,000.
Has the median moved?
From RM570,000 in 2021 to RM581,600 in 2024 (+2%), using only years with five or more sales.

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.