BandingHouse

Home prices in Penang

What buyers paid, March 2024 to March 2026, beside what ads are asking now. 492 schemes with enough recorded sales to show.

Sold for, beside what ads ask

Kind of homeSold for (median)SalesAsking on ads (median)Ads
Cluster & townhouseRM330k238RM530k232
Detached / bungalowRM1.2m233RM2.35m1,026
High-rise (condo, apartment, flat)per sq ftRM391 psf5,184RM443 psf11,897
Semi-detached houseRM775k686RM1.18m2,462
Terraced houseRM410k3,162RM650k6,092

“Sold for” is the land-office record (NAPIC). “Asking” is the median of live for-sale ads read 25 August 2026. Read them side by side, not as a percentage: the homes in ads are not the same mix as the homes that sold (ads skew to cheaper flats and owner sales), so the difference is mostly mix, not mark-up. A true like-for-like gap needs the scheme-level match, which is coming.

Most-traded schemes

Every scheme, by district

Timur Laut (166)

Seberang Perai Tengah (111)

Barat Daya (75)

Seberang Perai Selatan (71)

Seberang Perai Utara (69)

A scheme appears only with at least 20 recorded sales since 2021; a kind-of-home row only with 20 sales in the window. Median shown is over all recorded sales for a scheme, and over the window for a kind of home.