THE PROMINENCE

THE PROMINENCE in Seberang Perai Tengah, Penang recorded 30 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 487K and a median price per square foot (PSF) of RM 368.

This area contains both residential and commercial properties. View 30 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 487K, with most transactions falling within a stable range of RM 426K to RM 547K, and a typical market range of RM 418K to RM 555K.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 368, with core pricing between RM 325 and RM 411. Market pricing typically extends from RM 332.00 to RM 404.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.