HILL PARK RESIDENSI

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 266.

This area contains both residential and commercial properties. View 36 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 900K, with most transactions falling within a stable range of RM 660K to RM 1.23 million, and a typical market range of RM 775K to RM 1.03 million.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 266, though individual units vary from RM 206 to RM 326 in the core range. The broader market spans RM 243.88 to RM 288.13, indicating diverse property characteristics. The spread of RM 44.25 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.