Penang
Seberang Perai Tengah
15
HILL PARK RESIDENSI

HILL PARK RESIDENSI

Area Intelligence

2023

Median Price

RM 1,047,500

PSF: RM 286

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Residential PSF Trends

Median Price

RM 1,200,000

PSF: RM 287

Commercial PSF Trends

Median Price

RM 130,000

RM 188 PSF

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 949K to RM 895K, and a typical market range of RM 923K to RM 895K.

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 212 to RM 360 in the core range. The broader market spans RM 263.88 to RM 308.13, indicating diverse property characteristics. A wider spread (IQR: RM 44.25) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

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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