Vertu Resort
Persiaran Cassia Barat 6, 14110 Simpang Ampat, Pulau Pinang, Malaysia
Persiaran Cassia Barat 6, 14110 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 24
|
RM 515,000
|
RM 493
|
1,044 sqft
|
|
|
|
Level 12
|
RM 515,000
|
RM 493
|
1,044 sqft
|
|
|
|
Level 10
|
RM 515,000
|
RM 493
|
1,044 sqft
|
|
|
|
Level 18
|
RM 700,000
|
RM 670
|
1,044 sqft
|
|
|
|
Level 12
|
RM 505,000
|
RM 484
|
1,044 sqft
|
|
|
|
Level 11
|
RM 508,000
|
RM 487
|
1,044 sqft
|
|
|
Level 21
|
RM 484,000
|
RM 450
|
1,076 sqft
|
|
|
|
Level 19
|
RM 545,000
|
RM 506
|
1,076 sqft
|
|
|
Level 42
|
RM 2,000,000
|
RM 203
|
9,838 sqft
|
|
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Market Snapshot
ResidentialRM 515,000
RM 493 psfMedian transaction price
Persiaran Cassia Barat 6, 14110 Simpang Ampat, Pulau Pinang, Malaysia
MapsVertu Resort in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2024, with a median price of RM 515K and a median price per square foot (PSF) of RM 493.
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 515K, with most transactions falling within a stable range of RM 484K to RM 956K, and a typical market range of RM 484K to RM 577K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 493, though individual units vary from RM 386 to RM 601 in the core range. The broader market spans RM 449.50 to RM 537.00, indicating diverse property characteristics. The spread of RM 87.50 (IQR) and deviation of RM 107 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.