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
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 9
|
RM 458,000
|
RM 360
|
1,273 sqft
|
|
Condo |
|
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 28
|
RM 465,000
|
RM 400
|
1,162 sqft
|
|
Condo |
|
Level 15
|
RM 490,000
|
RM 385
|
1,273 sqft
|
|
Condo |
|
Lorong Perda Utama 3
|
RM 1,680,000
|
RM 456
|
3,681 sqft
|
|
3-Sty Shop |
|
Level 10
|
RM 460,000
|
RM 305
|
1,507 sqft
|
|
Condo |
|
Level 14
|
RM 498,000
|
RM 330
|
1,508 sqft
|
|
Condo |
|
Level 32
|
RM 450,000
|
RM 354
|
1,273 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 485,000
RM 354 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 in 2022, with a median price of RM 488K and a median price per square foot (PSF) of RM 357.
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 450K to RM 846K, and a typical market range of RM 450K to RM 558K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 357, with core pricing between RM 314 and RM 399. Market pricing typically extends from RM 321.65 to RM 391.65, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 42, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.