VERTU RESORT

VERTU RESORT in Seberang Perai Selatan, Penang recorded 96 subsale transactions in 2022, with a median price of RM 614K and a median price per square foot (PSF) of RM 555.

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 614K, with most transactions falling within a stable range of RM 547K to RM 682K, and a typical market range of RM 552K to RM 676K.

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

For price per square foot, the median is RM 555, with most transactions between RM 512 and RM 599. The usual range is RM 511.63 to RM 598.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 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. Moderate transaction volume may require patience when buying or selling.