AMBAY PARK

Area Intelligence

2024

Median Price

RM 719,000

PSF: RM 344

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Residential PSF Trends

Median Price

RM 719,000

PSF: RM 344

AMBAY PARK in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 719K and a median price per square foot (PSF) of RM 344.

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 719K, with most transactions falling within a stable range of RM 650K to RM 788K, and a typical market range of RM 692K to RM 747K.

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

For price per square foot, the median is RM 344, with most transactions between RM 311 and RM 377. The usual range is RM 314.50 to RM 373.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 33, 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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