The Prominence

The Prominence in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 1.65 million and a median price per square foot (PSF) of RM 448.

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 1.65 million, with most transactions falling within a stable range of RM 1.13 million to RM 1.65 million, and a typical market range of RM 1.58 million to RM 1.65 million.

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

For price per square foot, the median is RM 448, with most transactions between RM 406 and RM 491. The usual range is RM 413.22 to RM 483.22, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 43, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.