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 805K to RM 995K, and a typical market range of RM 775K to RM 1.03 million.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 266, with most transactions between RM 242 and RM 291. The usual range is RM 243.88 to RM 288.13, 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.
