VERTU RESORT

Area Intelligence

2022

Median Price

RM 698,000

PSF: RM 943

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Residential PSF Trends

Median Price

RM 698,000

PSF: RM 943

VERTU RESORT in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 698K and a median price per square foot (PSF) of RM 943.

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 698K, with most transactions falling within a stable range of RM 637K to RM 698K, and a typical market range of RM 636K to RM 698K.

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

For price per square foot, the median is RM 943, with most transactions between RM 861 and RM 1,026. The usual range is RM 899.63 to RM 986.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 and MAD of RM 83, 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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VERTU RESORT, Seberang Perai Selatan, Penang

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