Penang
Seberang Perai Tengah
15
HILL PARK RESIDENSI

HILL PARK RESIDENSI

Area Intelligence

2023

Median Price

RM 895,000

PSF: RM 287

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Residential PSF Trends

Median Price

RM 895,000

PSF: RM 287

Commercial PSF Trends

Median Price

RM 190,000

RM 279 PSF

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 895K and a median price per square foot (PSF) of RM 287.

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 895K, with most transactions falling within a stable range of RM 880K to RM 1.04 million, and a typical market range of RM 880K to RM 1.02 million.

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

The median PSF stands at RM 287, with core pricing between RM 240 and RM 334. Market pricing typically extends from RM 264.88 to RM 309.13, reflecting moderate variation in unit pricing. The spread of RM 44.25 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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

OSM

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Transactions

3 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

3,100 sqft

Bungalow

3,100 sqft

Bungalow

RM 1,200,000

LORONG HILL PARK 9

3,122 sqft · RM 384 PSF

Jul 2023

RM 895,000

LORONG HILL PARK 11

3,122 sqft · RM 287 PSF

Jun 2023

RM 880,000

LORONG HILL PARK 7

3,122 sqft · RM 282 PSF

Apr 2023

LORONG HILL PARK 9	RM 1,200,000	RM 384	3,122 sqft	Jul 2023
LORONG HILL PARK 11	RM 895,000	RM 287	3,122 sqft	Jun 2023
LORONG HILL PARK 7	RM 880,000	RM 282	3,122 sqft	Apr 2023