VILA SERI SETIA (CENTRAL WAY PHASE 2)

VILA SERI SETIA (CENTRAL WAY PHASE 2) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 585K and a median price per square foot (PSF) of RM 397.

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 585K, with most transactions falling within a stable range of RM 523K to RM 647K, and a typical market range of RM 555K to RM 615K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 397, with core pricing between RM 348 and RM 446. Market pricing typically extends from RM 349.00 to RM 445.00, reflecting moderate variation in unit pricing. With an IQR of RM 96.00 and MAD of RM 49, 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.