RIVER TROPICS Property Investment Analysis

Perai, Seberang Perai Tengah, Penang

Median Price
RM 500,000
CAGR
-7.7%
Median PSF
RM 362.00
CAGR
-8.9%
Transactions
14
Period
2021-2025

RIVER TROPICS in Seberang Perai Tengah, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 362.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 405K to RM 595K, and a typical market range of RM 431K to RM 570K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 362, though individual units vary from RM 284 to RM 440 in the core range. The broader market spans RM 313.38 to RM 410.63, indicating diverse property characteristics. The spread of RM 97.25 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.

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.

ADVANCED FILTERS

TRANSACTIONS

14 found
Condominium/Apartment
RM 500,000
PSF: RM 357.00
Area: 1,399 sqft
Date: Jan 2025
Condominium/Apartment
RM 499,000
PSF: RM 349.00
Area: 1,432 sqft
Date: Jul 2024
Condominium/Apartment
RM 490,000
PSF: RM 348.00
Area: 1,410 sqft
Date: May 2024
Condominium/Apartment
RM 647,000
PSF: RM 442.00
Area: 1,464 sqft
Date: Sep 2023
Condominium/Apartment
RM 490,000
PSF: RM 335.00
Area: 1,464 sqft
Date: May 2023
Condominium/Apartment
RM 500,000
PSF: RM 363.00
Area: 1,378 sqft
Date: Apr 2023
Condominium/Apartment
RM 410,000
PSF: RM 286.00
Area: 1,432 sqft
Date: Nov 2022
Condominium/Apartment
RM 635,000
PSF: RM 444.00
Area: 1,432 sqft
Date: May 2022
Condominium/Apartment
RM 482,000
PSF: RM 361.00
Area: 1,336 sqft
Date: Jan 2022
Condominium/Apartment
RM 400,000
PSF: RM 273.00
Area: 1,464 sqft
Date: Jan 2022
Condominium/Apartment
RM 629,000
PSF: RM 471.00
Area: 1,336 sqft
Date: Dec 2021
Condominium/Apartment
RM 667,000
PSF: RM 499.00
Area: 1,336 sqft
Date: Dec 2021
Condominium/Apartment
RM 624,000
PSF: RM 446.00
Area: 1,399 sqft
Date: Dec 2021
Condominium/Apartment
RM 629,000
PSF: RM 450.00
Area: 1,399 sqft
Date: Dec 2021