Penang
Seberang Perai Tengah
6
THE PROMINENCE

THE PROMINENCE

Area Intelligence

2022

Median Price

RM 1,680,000

PSF: RM 456

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Residential PSF Trends

Median Price

RM 488,000

PSF: RM 370

THE PROMINENCE in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, priced between RM 750K and RM 2.00 million, with a median price of RM 1.68 million and a median price per square foot (PSF) of RM 456.

This area contains both residential and commercial properties. View 31 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 456, with most transactions between RM 456 and RM 456. The usual range is RM 421.62 to RM 491.12, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 0, 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.

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THE PROMINENCE, Seberang Perai Tengah, Penang

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