CARNATION VILLA

Area Intelligence
2023
Median Price
RM 680,000
PSF: RM 350

Residential PSF Trends

Median Price

RM 680,000

PSF: RM 350

Commercial PSF Trends

Median Price

RM 706,000

RM 491 PSF

CARNATION VILLA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 350.

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 632K to RM 729K, 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 350, with core pricing between RM 297 and RM 402. Market pricing typically extends from RM 296.38 to RM 402.63, reflecting moderate variation in unit pricing. The spread of RM 106.25 (IQR) and deviation of RM 53 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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CARNATION VILLA, Seberang Perai Tengah, Penang

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Transactions

4 transactions grouped by size

1,600 sqft
Double Storey Terraced
RM 680,000
LORONG CARNATION 4
1,604 sqft · RM 424 PSF
RM 600,000
LORONG CARNATION 1
1,593 sqft · RM 377 PSF
2,100 sqft
Double Storey Terraced
RM 680,000
LORONG CARNATION 2
2,110 sqft · RM 322 PSF
2,900 sqft
Double Storey Semi-D
RM 840,000
LORONG CARNATION 6
2,885 sqft · RM 291 PSF

No Properties For Sale

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

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