SPRINGFIELD CONDOMINIUM

SPRINGFIELD CONDOMINIUM in Barat Daya, Penang recorded 10 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 401.

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 350K, with most transactions falling within a stable range of RM 320K to RM 390K, and a typical market range of RM 320K to RM 393K.

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

The median PSF stands at RM 401, with core pricing between RM 357 and RM 445. Market pricing typically extends from RM 352.50 to RM 449.50, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 44, 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. Limited transaction history suggests carefully evaluating comparable sales data.