IDEAL VISION PARK @ TREE SPARINA

IDEAL VISION PARK @ TREE SPARINA in Barat Daya, Penang recorded 28 subsale transactions in 2023, with a median price of RM 630K and a median price per square foot (PSF) of RM 515.

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 630K, with most transactions falling within a stable range of RM 589K to RM 671K, and a typical market range of RM 590K to RM 670K.

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

For price per square foot, the median is RM 515, with most transactions between RM 480 and RM 550. The usual range is RM 475.25 to RM 554.75, 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.