PEARL TROPIKA

Area Intelligence
2022
Median Price
RM 520,000
PSF: RM 415

Residential PSF Trends

Median Price

RM 520,000

PSF: RM 415

PEARL TROPIKA in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 415.

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 520K, with most transactions falling within a stable range of RM 490K to RM 578K, and a typical market range of RM 490K to RM 565K.

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

The median PSF stands at RM 415, with core pricing between RM 340 and RM 490. Market pricing typically extends from RM 333.00 to RM 497.00, reflecting moderate variation in unit pricing. The spread of RM 164.00 (IQR) and deviation of RM 75 (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. 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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Transactions

7 transactions grouped by size

1,150 sqft
Double Storey Terraced
RM 510,000
LORONG 3/SS9
1,130 sqft · RM 451 PSF
RM 490,000
LORONG 3/SS9
1,141 sqft · RM 429 PSF
1,200 sqft
Double Storey Terraced
RM 500,000
LORONG 2/SS9
1,206 sqft · RM 415 PSF
RM 520,000
LORONG 2/SS9
1,206 sqft · RM 431 PSF
2,200 sqft
Double Storey Semi-D
RM 635,000
LORONG 1/SS9
2,207 sqft · RM 288 PSF
RM 625,000
LORONG 1/SS9
2,207 sqft · RM 283 PSF
RM 600,000
LORONG 1/SS9
2,207 sqft · RM 272 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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