Penang
Seberang Perai Tengah
15
HILL PARK RESIDENSI

HILL PARK RESIDENSI

Area Intelligence

2023

Median Price

RM 680,000

PSF: RM 442

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Residential PSF Trends

Median Price

RM 680,000

PSF: RM 442

Commercial PSF Trends

Median Price

RM 190,000

RM 279 PSF

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 442.

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 442, with most transactions between RM 442 and RM 442. The usual range is RM 419.88 to RM 464.13, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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HILL PARK RESIDENSI, Seberang Perai Tengah, Penang

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