Area Intelligence

MENARA MAHKOTA IMPIAN

3 properties
2023
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Median Price
RM 424,000
PSF: RM 372

Residential Market

Median Price

RM 424,000

IQR: RM 36
MAD: RM 19
RM 372 PSF 3.9%

PSF Trends (2021-2025)

MENARA MAHKOTA IMPIAN in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 424K and a median price per square foot (PSF) of RM 372.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 424K, with most transactions falling within a stable range of RM 407K to RM 441K, and a typical market range of RM 402K to RM 442K.

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

For price per square foot, the median is RM 372, with most transactions between RM 354 and RM 390. The usual range is RM 354.00 to RM 390.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MENARA MAHKOTA IMPIAN, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

1,150 sqft
3 units
RM 424,000
Service Apartment
1,141 sqft · RM 372.00 PSF
Oct 2023
RM 442,000
Service Apartment
1,141 sqft · RM 387.00 PSF
Sep 2023
RM 400,000
Condo/Apartment
1,163 sqft · RM 344.00 PSF
Jan 2023