HILL PARK RESIDENSI

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2021, with a median price of RM 932K and a median price per square foot (PSF) of RM 295.

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 932K, with most transactions falling within a stable range of RM 870K to RM 1.34 million, and a typical market range of RM 870K to RM 1.06 million.

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

The median PSF stands at RM 295, with core pricing between RM 251 and RM 339. Market pricing typically extends from RM 272.88 to RM 317.13, reflecting moderate variation in unit pricing. The spread of RM 44.25 (IQR) and deviation of RM 44 (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.