HILL PARK RESIDENSI

Area Intelligence
2024
Median Price
RM 250,000
PSF: RM 369

Residential PSF Trends

Median Price

RM 922,000

PSF: RM 286

Commercial PSF Trends

Median Price

RM 250,000

RM 369 PSF

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 369.

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 250K, with most transactions falling within a stable range of RM 155K to RM 345K, and a typical market range of RM 125K to RM 375K.

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

For price per square foot, the median is RM 369, with most transactions between RM 345 and RM 394. The usual range is RM 346.88 to RM 391.13, 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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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HILL PARK RESIDENSI, Seberang Perai Tengah, Penang

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