Area Intelligence

CARNATION VILLA

4 properties
2024
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Median Price
RM 678,500
PSF: RM 326

Residential Market

Median Price

RM 658,000

IQR: RM 84
MAD: RM 43
RM 241 PSF 10.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 732,000

IQR: RM 58
MAD: RM 58
RM 548 PSF 12.5%

PSF Trends (2021-2025)

CARNATION VILLA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 679K and a median price per square foot (PSF) of RM 326.

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 679K, with most transactions falling within a stable range of RM 650K to RM 712K, and a typical market range of RM 650K to RM 729K.

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

Price per square foot shows a median of RM 326, though individual units vary from RM 190 to RM 461 in the core range. The broader market spans RM 272.38 to RM 378.63, indicating diverse property characteristics. A wider spread (IQR: RM 106.25) and deviation (MAD: RM 136) 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. 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

4 properties grouped by size

1,350 sqft
1 units Double Storey Shop
RM 732,000
JALAN CARNATION
1,335 sqft · RM 548.00 PSF
Oct 2024
1,600 sqft
1 units Double Storey Terraced
RM 658,000
LRG CARNATION 4
1,604 sqft · RM 410.00 PSF
Jan 2024
2,900 sqft
1 units Double Storey Terraced
RM 699,000
LORONG CARNATION 1
2,906 sqft · RM 241.00 PSF
Feb 2024
3,050 sqft
1 units Double Storey Terraced
RM 650,000
LORONG CARNATION 3
3,068 sqft · RM 212.00 PSF
Oct 2024