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 26
|
RM 470,000
|
RM 370
|
1,270 sqft
|
|
Condo |
|
Level 12
|
RM 488,000
|
RM 424
|
1,152 sqft
|
|
Condo |
|
Level 28
|
RM 600,000
|
RM 393
|
1,528 sqft
|
|
Condo |
|
Level 13
|
RM 445,000
|
RM 350
|
1,273 sqft
|
|
Condo |
|
Lorong Perda Utama 3
|
RM 1,650,000
|
RM 448
|
3,681 sqft
|
|
3-Sty Shop |
|
Level 9
|
RM 600,000
|
RM 471
|
1,273 sqft
|
|
Condo |
|
Level 10
|
RM 465,000
|
RM 308
|
1,508 sqft
|
|
Condo |
|
Lorong Perda Utama 3
|
RM 1,610,000
|
RM 437
|
3,681 sqft
|
|
3-Sty Shop |
|
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 |
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Market Snapshot
ResidentialRM 479,000
RM 360 psfMedian transaction price
Lorong Perda Utama 3, Taman Prominence, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsThe Prominence in Seberang Perai Tengah, Penang recorded 12 subsale transactions in 2023, with a median price of RM 489K and a median price per square foot (PSF) of RM 381.
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 489K, with most transactions falling within a stable range of RM 445K to RM 911K, and a typical market range of RM 445K to RM 559K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 381, with core pricing between RM 325 and RM 438. Market pricing typically extends from RM 346.29 to RM 416.29, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 57, 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.