Penang
Seberang Perai Tengah
15
HILL PARK RESIDENSI

HILL PARK RESIDENSI

Area Intelligence

2023

Median Price

RM 130,000

PSF: RM 188

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Residential PSF Trends

Median Price

RM 922,000

PSF: RM 286

Commercial PSF Trends

Median Price

RM 130,000

RM 188 PSF

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 130K and a median price per square foot (PSF) of RM 188.

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.

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

For price per square foot, the median is RM 188, with most transactions between RM 188 and RM 188. The usual range is RM 165.88 to RM 210.13, 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 0 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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