IDEAL VISION PARK @ TREE SPARINA

IDEAL VISION PARK @ TREE SPARINA in Barat Daya, Penang recorded 31 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 509.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 559K to RM 641K, and a typical market range of RM 560K to RM 640K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 509, with most transactions between RM 474 and RM 544. The usual range is RM 469.25 to RM 548.75, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.