Prestige 3, Balik Pulau

Prestige 3 (also known as Prestige III) is a freehold landed housing estate (with some low-cost flats) that is located in Balik Pulau, Penang Island. It consists of P3 Residence and Pangsapuri Idaman Prestij.

The built-up available in this housing estate is 960 sf to 2,200 sf for houses and 911 sf for flats. It was developed by PLB Land Sdn Bhd.

PLB Land Sdn Bhd is a privately held mid-sized real estate organization, and it has undertaken around 12 real estate projects in Malaysia. Other similar projects by the same developer are 98 Nibong Residence, Avalon Place, Greenwish Garden, Majestic Heights 2, P3 Residence, Pangsapuri Sri Saujana, Prestige V, Taman Gelugor Indah, The Skyline and The Stone.

Property Type
Landed & Low-Cost Flat
Land Tenure
Freehold
Built-up
960 sf - 2,200 sf (House)
911 sf (Flat)
Market Price
RM420,000 - RM770,000 (House)
RM320,000 (Flat)
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

The only amenities nearby this landed housing estate (with some low-cost flats) are some schools. Some of the schools here are Madrasah Al Hidayah Al Adiniyah SRA Islam, SJK C Yeok Hua, SK Sungai Korok and SRJK (C) Yeok Hua.

The current rental yield of Prestige 3 is 2.4% for houses and 4.65% for flats. The highest rental yield ever recorded was 2.52% in Q1 2018 (house) and 4.65% in Q4 2023 (flat); while the lowest one was 2.16% in Q1 2019 (house) and 4.0% in Q3 2023 (flat). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Prestige 3 for houses is 4-bedroom / 1,840 sf with a median price of RM380 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM710 psf; while the cheapest one is 4-bedroom / 1,800 sf with a median price of RM290 psf.

Flat Layouts

Lastly, the most popular layout and size (built-up) combination at prestige 3 for flats is 3-bedroom / 911 sf with a median price of rm350 psf. For price wise, the most expensive one is 3-bedroom / 911 sf with a median price of RM350 psf; while the cheapest one is 3-bedroom / 911 sf with a median price of RM350 psf.

Latest Prestige 3 sale listings:

TarikhJenis HartanahBinaanHarga
26 Nov 2023Low-Cost Flat911 sfRM380,000
24 Nov 2023Condominium911 sfRM330,000
9 Nov 2023Low-Cost Flat911 sfRM330,000
26 Oct 2023Low-Cost Flat911 sfRM330,000
26 Oct 2023Low-Cost Flat911 sfRM320,000
25 Oct 2023Low-Cost Flat911 sfRM325,000
17 Oct 2023Low-Cost Flat1,000 sfRM330,000
14 Oct 2023Terrace1,800 sfRM560,000
28 Sep 2023Low-Cost Flat911 sfRM325,000
28 Sep 2023Low-Cost Flat911 sfRM310,000

Latest Prestige 3 rental listings:

TarikhJenis HartanahBinaanSewaan
6 Nov 2023Condominium911 sfRM999
2 Nov 2023Condominium1,000 sfRM1,200
1 Nov 2023Low-Cost Flat910 sfRM850
1 Nov 2023Low-Cost Flat910 sfRM1,200
27 Oct 2023Low-Cost Flat900 sfRM1,000
27 Oct 2023Low-Cost Flat900 sfRM1,200
23 Oct 2023Low-Cost Flat911 sfRM850
16 Oct 2023Low-Cost Flat910 sfRM1,200
16 Oct 2023Low-Cost Flat1,000 sfRM1,200
13 Oct 2023Low-Cost Flat650 sfRM600
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