THE PROMINENCE

THE PROMINENCE in Seberang Perai Tengah, Penang recorded 31 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 488K and a median price per square foot (PSF) of RM 370.

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 488K, with most transactions falling within a stable range of RM 426K to RM 550K, and a typical market range of RM 420K to RM 556K.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 370, with core pricing between RM 327 and RM 413. Market pricing typically extends from RM 335.25 to RM 404.75, reflecting moderate variation in unit pricing. With an IQR of RM 69.50 and MAD of RM 43, 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. Moderate transaction volume may require patience when buying or selling.