HIJAUAN HILL

Area Intelligence
2023
Median Price
RM 662,000
PSF: RM 364

Residential PSF Trends

Median Price

RM 605,000

PSF: RM 274

Commercial PSF Trends

Median Price

RM 736,000

RM 478 PSF

HIJAUAN HILL in Seberang Perai Selatan, Penang recorded 34 subsale transactions in 2023, with a median price of RM 662K and a median price per square foot (PSF) of RM 364.

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 662K, with most transactions falling within a stable range of RM 568K to RM 756K, and a typical market range of RM 579K to RM 745K.

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 364, though individual units vary from RM 240 to RM 488 in the core range. The broader market spans RM 273.50 to RM 454.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 124) 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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