River Tropics
Seberang Jaya, 13700 Perai, Penang, Malaysia
Seberang Jaya, 13700 Perai, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 8
|
RM 500,000
|
RM 357
|
1,399 sqft
|
|
Condo |
| 2024 | |||||
|
Level 12
|
RM 490,000
|
RM 348
|
1,410 sqft
|
|
Condo |
| 2023 | |||||
|
Level 10
|
RM 500,000
|
RM 363
|
1,378 sqft
|
|
Condo |
| 2021 | |||||
|
Level 9
|
RM 624,000
|
RM 446
|
1,399 sqft
|
|
Condo |
|
Level 16
|
RM 629,000
|
RM 450
|
1,399 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 500,000
RM 363 psfMedian transaction price
Seberang Jaya, 13700 Perai, Penang, Malaysia
MapsRiver Tropics in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM 500K and a median price per square foot (PSF) of RM 363.
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 490K to RM 564K, and a typical market range of RM 490K to RM 570K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 363, with core pricing between RM 318 and RM 408. Market pricing typically extends from RM 314.28 to RM 411.53, reflecting moderate variation in unit pricing. With an IQR of RM 97.25 and MAD of RM 45, 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.