AMBAY PARK

Area Intelligence

2023

Median Price

RM 498,000

PSF: RM 436

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Residential PSF Trends

Median Price

RM 498,000

PSF: RM 436

AMBAY PARK in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 498K and a median price per square foot (PSF) of RM 436.

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 498K, with most transactions falling within a stable range of RM 490K to RM 511K, and a typical market range of RM 490K to RM 520K.

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

For price per square foot, the median is RM 436, with most transactions between RM 425 and RM 447. The usual range is RM 406.50 to RM 465.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 11, 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, Seberang Perai Selatan, Penang

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Transactions

3 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,150 sqft

Double Storey Terraced

1,150 sqft

Double Storey Terraced

RM 490,000

LORONG 21/SS9

1,141 sqft · RM 429 PSF

Nov 2023

RM 520,000

LORONG 20/SS9

1,141 sqft · RM 456 PSF

May 2023

RM 498,000

JALAN TASEK MUTIARA 7 FASA 2A

1,141 sqft · RM 436 PSF

Mar 2023

LORONG 21/SS9	RM 490,000	RM 429	1,141 sqft	Nov 2023
LORONG 20/SS9	RM 520,000	RM 456	1,141 sqft	May 2023
JALAN TASEK MUTIARA 7 FASA 2A	RM 498,000	RM 436	1,141 sqft	Mar 2023