SPRINGFIELD CONDOMINIUM

SPRINGFIELD CONDOMINIUM in Barat Daya, Penang recorded 7 subsale transactions in 2024, with a median price of RM 340K and a median price per square foot (PSF) of RM 390.

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 340K, with most transactions falling within a stable range of RM 300K to RM 385K, and a typical market range of RM 300K to RM 383K.

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

The median PSF stands at RM 390, with core pricing between RM 339 and RM 441. Market pricing typically extends from RM 341.50 to RM 438.50, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 51, 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.