ECO HORIZON (FASA1)

ECO HORIZON (FASA1) in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2021, with a median price of RM 955K and a median price per square foot (PSF) of RM 506.

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 955K, with most transactions falling within a stable range of RM 811K to RM 1.10 million, and a typical market range of RM 855K to RM 1.06 million.

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

The median PSF stands at RM 506, with core pricing between RM 425 and RM 587. Market pricing typically extends from RM 472.25 to RM 539.75, reflecting moderate variation in unit pricing. The spread of RM 67.50 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

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.