THE PROMINENCE

Area Intelligence
2023
Median Price
RM 470,000
PSF: RM 325

Residential PSF Trends

Median Price

RM 470,000

PSF: RM 325

THE PROMINENCE in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 470K and a median price per square foot (PSF) of RM 325.

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. The median price is RM 470K, with most transactions falling within a stable range of RM 455K to RM 485K, and a typical market range of RM 445K to RM 490K.

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

The median PSF stands at RM 325, with core pricing between RM 285 and RM 365. Market pricing typically extends from RM 290.20 to RM 359.70, reflecting moderate variation in unit pricing. With an IQR of RM 69.50 and MAD of RM 40, 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.

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THE PROMINENCE, Seberang Perai Tengah, Penang

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Property Transactions

7 transactions grouped by size

1,150 sqft
Condo/Apartment
RM 488,000
Level 12
1,152 sqft · RM 424 PSF
1,250 sqft
Condo/Apartment
RM 470,000
Level 26
1,270 sqft · RM 370 PSF
RM 445,000
Level 13
1,273 sqft · RM 350 PSF
1,500 sqft
Condo/Apartment
RM 465,000
Level 10
1,508 sqft · RM 308 PSF
RM 470,000
Level 14
1,508 sqft · RM 312 PSF
RM 458,000
Level 8
1,508 sqft · RM 304 PSF
RM 490,000
Level 11
1,508 sqft · RM 325 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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