PEARL TROPIKA

Area Intelligence
2021
Median Price
RM 748,000
PSF: RM 260

Residential PSF Trends

Median Price

RM 748,000

PSF: RM 260

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. The median price is RM 748K, with most transactions falling within a stable range of RM 703K to RM 793K, and a typical market range of RM 703K to RM 793K.

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

Price per square foot shows a median of RM 260, though individual units vary from RM 167 to RM 353 in the core range. The broader market spans RM 178.00 to RM 342.00, indicating diverse property characteristics. A wider spread (IQR: RM 164.00) and deviation (MAD: RM 93) 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. 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.

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PEARL TROPIKA, Seberang Perai Selatan, Penang

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