RUMAH PANGSA TROPIKA

RUMAH PANGSA TROPIKA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 138K and a median price per square foot (PSF) of RM 194.

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 138K, with most transactions falling within a stable range of RM 116K to RM 159K, and a typical market range of RM 128K to RM 147K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 194, with core pricing between RM 163 and RM 224. Market pricing typically extends from RM 180.38 to RM 206.63, reflecting moderate variation in unit pricing. The spread of RM 26.25 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.