HIJAUAN HILL

Area Intelligence

2024

Median Price

RM 680,000

PSF: RM 340

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Residential PSF Trends

Median Price

RM 608,000

PSF: RM 266

Commercial PSF Trends

Median Price

RM 783,000

RM 509 PSF

HIJAUAN HILL in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 340.

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 680K, with most transactions falling within a stable range of RM 830K to RM 683K, and a typical market range of RM 830K to RM 763K.

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

For price per square foot, the median is RM 340, with most transactions between RM 339 and RM 342. The usual range is RM 249.50 to RM 430.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 2, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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HIJAUAN HILL, Seberang Perai Selatan, Penang

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