HIJAUAN HILL

Area Intelligence
2021
Median Price
RM 555,000
PSF: RM 232

Residential PSF Trends

Median Price

RM 555,000

PSF: RM 232

Commercial PSF Trends

Median Price

RM 736,000

RM 452 PSF

HIJAUAN HILL in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2021, with a median price of RM 555K and a median price per square foot (PSF) of RM 232.

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 555K, with most transactions falling within a stable range of RM 498K to RM 636K, and a typical market range of RM 498K to RM 638K.

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

The median PSF stands at RM 232, with core pricing between RM 190 and RM 274. Market pricing typically extends from RM 141.50 to RM 322.50, reflecting moderate variation in unit pricing. The spread of RM 181.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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HIJAUAN HILL, Seberang Perai Selatan, Penang

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