Penang
Seberang Perai Selatan
15
AMBAY PARK (VILLA BEGONIA)

AMBAY PARK (VILLA BEGONIA)

Area Intelligence

2021

Median Price

RM 530,000

PSF: RM 431

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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 431

AMBAY PARK (VILLA BEGONIA) in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2021, with a median price of RM 530K and a median price per square foot (PSF) of RM 431.

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 530K, with most transactions falling within a stable range of RM 514K to RM 549K, and a typical market range of RM 514K to RM 550K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 431, with core pricing between RM 386 and RM 476. Market pricing typically extends from RM 413.88 to RM 448.13, reflecting moderate variation in unit pricing. With an IQR of RM 34.25 and MAD of RM 45, 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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AMBAY PARK (VILLA BEGONIA), Seberang Perai Selatan, Penang

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