Area Intelligence

CARNATION VILLA

2 properties
2021
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Median Price
RM 619,000
PSF: RM 333

Residential Market

Median Price

RM 619,000

IQR: RM 84
MAD: RM 43
RM 333 PSF 10.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 706,000

IQR: RM 58
MAD: RM 58
RM 491 PSF 12.5%

PSF Trends (2021-2025)

CARNATION VILLA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 619K and a median price per square foot (PSF) of RM 333.

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 619K, with most transactions falling within a stable range of RM 528K to RM 710K, and a typical market range of RM 569K to RM 670K.

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

For price per square foot, the median is RM 333, with most transactions between RM 329 and RM 337. The usual range is RM 279.88 to RM 386.13, showing that most units are priced quite close to each other. With an IQR of RM 106.25 and MAD of RM 4, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CARNATION VILLA, Seberang Perai Tengah, Penang

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Transactions

2 properties found

Double Storey Terraced LRG CARNATION 3
RM 528,000
1,604 sqft Dec 2021
RM 329.00 PSF
Double Storey Terraced LRG CARNATION 3
RM 710,000
2,110 sqft Nov 2021
RM 337.00 PSF