RENA PARK

Area Intelligence
2023
Median Price
RM 845,000
PSF: RM 285

Residential PSF Trends

Median Price

RM 845,000

PSF: RM 285

RENA PARK in Barat Daya, Penang recorded 3 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 845K and a median price per square foot (PSF) of RM 285.

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 845K, with most transactions falling within a stable range of RM 753K to RM 845K, and a typical market range of RM 834K to RM 845K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 285, with core pricing between RM 254 and RM 317. Market pricing typically extends from RM 279.10 to RM 291.85, reflecting moderate variation in unit pricing. With an IQR of RM 12.75 and MAD of RM 31, 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.

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RENA PARK, Barat Daya, Penang

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Property Transactions

3 transactions grouped by size

2,950 sqft
Double Storey Terraced
RM 845,000
TINGKAT SUNGAI RUSA 6
2,960 sqft · RM 285 PSF
RM 650,000
TINGKAT SUNGAI RUSA 6
2,960 sqft · RM 220 PSF
RM 845,000
TINGKAT SUNGAI RUSA 6
2,960 sqft · RM 285 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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