VERTU RESORT

Area Intelligence
2021
Median Price
RM 558,000
PSF: RM 520

Residential PSF Trends

Median Price

RM 558,000

PSF: RM 520

VERTU RESORT in Seberang Perai Selatan, Penang recorded 56 subsale transactions in 2021, with a median price of RM 558K and a median price per square foot (PSF) of RM 520.

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 558K, with most transactions falling within a stable range of RM 554K to RM 499K, and a typical market range of RM 496K to RM 499K.

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

For price per square foot, the median is RM 520, with most transactions between RM 516 and RM 524. The usual range is RM 476.63 to RM 563.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 4, 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.

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VERTU RESORT, Seberang Perai Selatan, Penang

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Transactions

4 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 490,000
Level 13
1,030 sqft · RM 476 PSF
RM 499,000
Level 22
1,070 sqft · RM 466 PSF
RM 490,000
Level 11
1,033 sqft · RM 474 PSF
RM 490,000
Level 11
1,044 sqft · RM 469 PSF

No Properties For Sale

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

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