PANGSAPURI ECO BLOOM in Seberang Perai Selatan, Penang recorded 30 subsale transactions in 2021, with a median price of RM 458K and a median price per square foot (PSF) of RM 562.
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 458K, with most transactions falling within a stable range of RM 509K to RM 519K, and a typical market range of RM 509K to RM 483K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 562, with most transactions between RM 509 and RM 615. The usual range is RM 533.00 to RM 591.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 53, 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.