Penang
Seberang Perai Tengah
10
CASA RESIDENSI

CASA RESIDENSI

Area Intelligence

2023

Median Price

RM 503,500

PSF: RM 395

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Residential PSF Trends

Median Price

RM 503,500

PSF: RM 395

CASA RESIDENSI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 504K and a median price per square foot (PSF) of RM 395.

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 504K, with most transactions falling within a stable range of RM 450K to RM 557K, and a typical market range of RM 474K to RM 534K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 395, with core pricing between RM 348 and RM 442. Market pricing typically extends from RM 371.00 to RM 419.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 47, 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.

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CASA RESIDENSI, Seberang Perai Tengah, Penang

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