HIJAUAN HILL

Area Intelligence
2022
Median Price
RM 661,000
PSF: RM 422

Residential PSF Trends

Median Price

RM 560,000

PSF: RM 248

Commercial PSF Trends

Median Price

RM 661,000

RM 429 PSF

HIJAUAN HILL in Seberang Perai Selatan, Penang recorded 25 subsale transactions in 2022, with a median price of RM 661K and a median price per square foot (PSF) of RM 422.

This area contains both residential and commercial properties. View 47 residential properties or 30 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 661K, with most transactions falling within a stable range of RM 820K to RM 759K, and a typical market range of RM 820K to RM 744K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 422, though individual units vary from RM 309 to RM 535 in the core range. The broader market spans RM 331.50 to RM 512.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 113) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Moderate transaction volume may require patience when buying or selling.

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HIJAUAN HILL, Seberang Perai Selatan, Penang

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