ECO HORIZON (FASA1)

ECO HORIZON (FASA1) in Seberang Perai Selatan, Penang recorded 33 subsale transactions in 2022, with a median price of RM 890K and a median price per square foot (PSF) of RM 538.

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 890K, with most transactions falling within a stable range of RM 798K to RM 982K, and a typical market range of RM 790K to RM 990K.

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

For price per square foot, the median is RM 538, with most transactions between RM 505 and RM 571. The usual range is RM 504.25 to RM 571.75, showing that most units are priced quite close to each other. With an IQR of RM 67.50 and MAD of RM 33, 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.