Area Intelligence

HILL PARK RESIDENSI

8 properties
2023
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Median Price
RM 1,047,500
PSF: RM 286

Residential Market

Median Price

RM 1,200,000

IQR: RM 43
MAD: RM 21
RM 287 PSF 0.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 130,000

IQR: RM 91
MAD: RM 91
RM 188 PSF 96.3%

PSF Trends (2021-2025)

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 286.

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 1.05 million, with most transactions falling within a stable range of RM 363K to RM 1.73 million, and a typical market range of RM 923K to RM 1.17 million.

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

Price per square foot shows a median of RM 286, though individual units vary from RM 215 to RM 357 in the core range. The broader market spans RM 263.88 to RM 308.13, indicating diverse property characteristics. The spread of RM 44.25 (IQR) and deviation of RM 71 (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.

Area Location

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HILL PARK RESIDENSI, Seberang Perai Tengah, Penang

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Transactions

8 properties found

Double Storey Terraced LORONG HILL PARK 17
RM 680,000
1,539 sqft Aug 2023
RM 442.00 PSF
Detached LORONG HILL PARK 3
RM 1,500,000
5,264 sqft Jul 2023
RM 285.00 PSF
Detached LORONG HILL PARK 9
RM 1,200,000
3,122 sqft Jul 2023
RM 384.00 PSF
Shop/Retail Lot
RM 130,000
690 sqft Jul 2023
RM 188.00 PSF
Detached LORONG HILL PARK 11
RM 895,000
3,122 sqft Jun 2023
RM 287.00 PSF
Detached LORONG HILL PARK 3
RM 2,600,000
8,643 sqft May 2023
RM 301.00 PSF
Detached LORONG HILL PARK 7
RM 880,000
3,122 sqft Apr 2023
RM 282.00 PSF
Detached LORONG HILL PARK 3
RM 1,500,000
5,264 sqft Jan 2023
RM 285.00 PSF