BandingHouse

Ramah Pavilion

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

Homes in Ramah Pavilion have sold for a median of

RM420,000

RM395 psf on the recorded floor area

RM369,250median RM420,000RM462,500

Half of the 56 recorded sales fell between RM369,250 and RM462,500. One in ten went under RM350,000, one in ten over RM488,000. Sales run from 27 August 2021 to 30 January 2026.

Up 4% from a RM410,000 median in 2022 to RM426,000 in 2025.

On mudah.my right now — 32 ads naming Ramah Pavilion

Sellers are asking a median of

RM353 psf

That is -15% below the RM413 psf buyers actually paid here over the last two years of recorded sales. Same scheme, same kind of home, same floor-area basis.

Ads asking between RM397,250 and RM480,000 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
2021RM415,000RM395 psf4
2022RM410,000RM374 psf10
2023RM405,000RM391 psf18
2024RM445,000RM413 psf17
2025RM426,000RM411 psf6
2026RM350,000RM361 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, Ramah Pavilion sits 30 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. Ramah Pavilion’s own median is RM420,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM420,000 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%): RM42,000
  • Transfer duty (MOT): RM7,400
  • Loan duty (0.5%): RM1,890
  • Total cash: RM51,290
  • Qualifying first home: RM42,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,674
  • Total monthly: RM1,674

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

Adjust these numbers

Questions this record answers

What have homes in Ramah Pavilion sold for?
A median of RM420,000 (RM395 psf), from 56 land-office transactions between 27 August 2021 and 30 January 2026.
What is a typical band here?
Half of recorded sales fell between RM369,250 and RM462,500. One in ten went under RM350,000; one in ten over RM488,000.
Has the median moved?
From RM410,000 in 2022 to RM426,000 in 2025 (+4%), using only years with five or more sales.
How do live ads compare?
Ads naming Ramah Pavilion ask a median of RM353 psf -15% versus the RM413 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.