THE SIGNATURE CONDOMINIUM

THE SIGNATURE CONDOMINIUM in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 414.

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 450K, with most transactions falling within a stable range of RM 430K to RM 479K, and a typical market range of RM 430K to RM 483K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 414, with most transactions between RM 387 and RM 441. The usual range is RM 376.25 to RM 451.75, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.