Area Intelligence

PEARL TROPIKA

1 properties

2021

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Median Price

RM 748,000

PSF: RM 260

Residential Market

Median Price

RM 748,000

IQR: RM 164

MAD: RM 93

RM 260 PSF 19.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Low-Cost House

14 properties

Median Price

RM 260,000

-6.3% CAGR

Median PSF

RM 249.00

-6.3% CAGR

Single Storey Terraced

4 properties

Median Price

RM 230,000

+70.6% CAGR

Median PSF

RM 215.50

+64.4% CAGR

Single Storey Shop

1 properties

Median Price

RM 300,000

Median PSF

RM 214.00

3-Storey Storey Shop

1 properties

Median Price

RM 2,388,000

Median PSF

RM 1,551.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Low-Cost House	14	RM 260,000 ±60K MAD	-6.35%	RM 249.00 ±29 MAD	-6.29%
Single Storey Terraced	4	RM 230,000 ±60K MAD	+70.59%	RM 215.50 ±53 MAD	+64.42%
Single Storey Shop	1	RM 300,000	-	RM 214.00	-
3-Storey Storey Shop	1	RM 2,388,000	-	RM 1,551.00	-

PEARL TROPIKA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 748K and a median price per square foot (PSF) of RM 260.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 260, with most transactions between RM 260 and RM 260. The usual range is RM 178.00 to RM 342.00, showing that most units are priced quite close to each other. With an IQR of RM 164.00 and MAD of RM 0, 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.