The Prominence
Lorong Perda Utama 3, Taman Prominence, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Lorong Perda Utama 3, Taman Prominence, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 10
|
RM 465,000
|
RM 308
|
1,508 sqft
|
|
Condo |
|
Level 14
|
RM 470,000
|
RM 312
|
1,508 sqft
|
|
Condo |
|
Level 8
|
RM 458,000
|
RM 304
|
1,508 sqft
|
|
Condo |
|
Level 13
|
RM 600,000
|
RM 398
|
1,507 sqft
|
|
Condo |
|
Level 11
|
RM 490,000
|
RM 325
|
1,508 sqft
|
|
Condo |
| 2022 | |||||
|
Level 14
|
RM 600,000
|
RM 398
|
1,507 sqft
|
|
Condo |
|
Level 19
|
RM 533,000
|
RM 353
|
1,508 sqft
|
|
Condo |
|
Level 21
|
RM 485,000
|
RM 322
|
1,508 sqft
|
|
Condo |
|
Level 10
|
RM 460,000
|
RM 305
|
1,507 sqft
|
|
Condo |
|
Level 14
|
RM 498,000
|
RM 330
|
1,508 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 487,500
RM 323 psfMedian transaction price
Lorong Perda Utama 3, Taman Prominence, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsThe Prominence in Seberang Perai Tengah, Penang recorded 10 subsale transactions between 2021 and 2026, sized between 1,475 and 1,524 sqft, with a median price of RM 488K and a median price per square foot (PSF) of RM 323.
This area contains both residential and commercial properties. View 32 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 488K, with most transactions falling within a stable range of RM 458K to RM 539K, and a typical market range of RM 458K to RM 558K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 323, with core pricing between RM 289 and RM 358. Market pricing typically extends from RM 288.28 to RM 358.28, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 34, 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. Limited transaction history suggests carefully evaluating comparable sales data.