Area Intelligence

CARNATION VILLA

4 properties
2023
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Median Price
RM 680,000
PSF: RM 350

Residential Market

Median Price

RM 680,000

IQR: RM 84
MAD: RM 43
RM 350 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 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 600K to RM 767K, 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 298 and RM 401. Market pricing typically extends from RM 296.38 to RM 402.63, reflecting moderate variation in unit pricing. With an IQR of RM 106.25 and MAD of RM 51, 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

4 properties grouped by size

1,600 sqft
2 units Double Storey Terraced
RM 680,000
LRG CARNATION 4
1,604 sqft · RM 424.00 PSF
Dec 2023
RM 600,000
LRG CARNATION 1
1,593 sqft · RM 377.00 PSF
Aug 2023
2,100 sqft
1 units Double Storey Terraced
RM 680,000
LRG CARNATION 2
2,110 sqft · RM 322.00 PSF
Jun 2023
2,900 sqft
1 units Double Storey Semi-D
RM 840,000
LRG CARNATION 6
2,885 sqft · RM 291.00 PSF
Mar 2023