CARNATION VILLA

Area Intelligence
2023
Median Price
RM 760,000
PSF: RM 307

Residential PSF Trends

Median Price

RM 760,000

PSF: RM 307

Commercial PSF Trends

Median Price

RM 706,000

RM 491 PSF

CARNATION VILLA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 760K and a median price per square foot (PSF) of RM 307.

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 760K, with most transactions falling within a stable range of RM 680K to RM 840K, and a typical market range of RM 710K to RM 811K.

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 307, with most transactions between RM 291 and RM 322. The usual range is RM 253.38 to RM 359.63, showing that most units are priced quite close to each other. With an IQR of RM 106.25 and MAD of RM 16, 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.

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CARNATION VILLA, Seberang Perai Tengah, Penang

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Transactions

2 transactions grouped by size

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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