HILL PARK RESIDENSI

Area Intelligence
2021
Median Price
RM 932,000
PSF: RM 295

Residential PSF Trends

Median Price

RM 932,000

PSF: RM 295

Commercial PSF Trends

Median Price

RM 190,000

RM 279 PSF

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 837K to RM 1.03 million, and a typical market range of RM 807K to RM 1.06 million.

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

For price per square foot, the median is RM 295, with most transactions between RM 271 and RM 320. The usual range is RM 272.88 to RM 317.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.25 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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HILL PARK RESIDENSI, Seberang Perai Tengah, Penang

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