Prestige III, Balik Pulau, Penang
Balik Pulau · Penang Island
RM 356 psf Median sold price per sq ft, 2024 (9 sales)
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Quick Summary
Prestige III is a freehold apartment in Balik Pulau, Penang Island, developed by PLB Land Sdn Bhd. NAPIC recorded 9 sales in 2024 at a median RM 230,000 (RM 356 psf).
Sold prices in Prestige III
Actual sales recorded by NAPIC (JPPH), 2021–2026. These are completed transactions, not asking prices.
| Year | Sales | Median price | Median per sq ft | Lowest – highest |
|---|---|---|---|---|
| 2026 | 1 | RM 230,000 | RM 356 psf | RM 230,000 – RM 230,000 |
| 2024 | 9 | RM 230,000 | RM 356 psf | RM 150,000 – RM 360,000 |
| 2023 | 12 | RM 330,000 | RM 362 psf | RM 150,000 – RM 370,000 |
| 2022 | 9 | RM 330,000 | RM 362 psf | RM 155,000 – RM 360,000 |
| 2021 | 8 | RM 330,000 | RM 362 psf | RM 180,000 – RM 360,000 |
Source: NAPIC Open Sales Data (Valuation and Property Services Department). The latest year covers sales recorded so far.
Prestige III is an apartment development in Balik Pulau, on Penang Island. This page gives a short overview of the development and its area, with practical points to check before you buy or rent a unit here.
About Prestige III
Prestige III is an apartment development in Balik Pulau, on the island side of Penang. Apartments are generally easier to maintain than a landed house, which can suit first-time buyers, small families and tenants looking for a place to rent. Prestige III is one of 18 developments listed in the Balik Pulau area in our directory, so you can compare several options in this part of the island before you decide.
Location and neighbourhood
Balik Pulau is on the western side of Penang Island, away from the busier eastern side around George Town, the state capital. The area is known for its quieter, more rural character, with hills, farmland and fruit orchards, and locals know it well for its durian and nutmeg. There are fishing villages along parts of the coast. Many residents like the slower pace of life and the extra greenery compared with the island's main urban centres. If you work elsewhere on the island, think about your daily commute and try the journey at the times you would normally travel before you commit. It is also worth spending some time walking or driving around the neighbourhood to see whether the shops, services and surroundings suit your needs.
Living here: what to check before you buy or rent
Before you buy or rent at Prestige III, go through a few practical checks. Ask the agent or the management office about the tenure of the property, because freehold and leasehold titles can affect long-term value and financing. Find out the monthly maintenance fees and sinking fund charges, and whether the unit you are considering has any amounts outstanding. Ask which facilities are open to residents and how well they are kept. Always view the unit in person. Check the walls, ceilings, plumbing and electrical fittings, and look for signs of leaks or damp. Visit at different times of day to get a feel for noise, parking and security. If you are buying, ask your lawyer to check the title and any restrictions, and compare the asking price with recent transactions. If you are renting, read the tenancy agreement carefully, including the deposit terms and who is responsible for repairs.
Frequently asked questions
Where is Prestige III located?
Prestige III is in Balik Pulau, on Penang Island in the state of Penang.
What type of property is Prestige III?
Prestige III is an apartment development.
How many developments are listed in the Balik Pulau area?
Our directory lists 18 developments in the Balik Pulau area, including Prestige III.
Homes in Prestige III
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