CARNATION VILLA

CARNATION VILLA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 680K and a median price per square foot (PSF) of RM 322.

This area contains both residential and commercial properties. View 16 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 520K to RM 855K, and a typical market range of RM 630K to RM 731K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 322, with core pricing between RM 268 and RM 376. Market pricing typically extends from RM 268.88 to RM 375.13, reflecting moderate variation in unit pricing. The spread of RM 106.25 (IQR) and deviation of RM 54 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.