LIST

Penang, Seberang Perai Tengah, Perai

RIVER TROPICS

Area Intelligence
2023
Median Price
RM 500,000
PSF: RM 363
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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 363

RIVER TROPICS in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, 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 572K, 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 314.38 to RM 411.63, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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RIVER TROPICS, Seberang Perai Tengah, Penang

OSM

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,400 sqft
Condo/Apartment
RM 500,000
Level 10
1,378 sqft · RM 363 PSF
1,450 sqft
Condo/Apartment
RM 647,000
Level 8
1,464 sqft · RM 442 PSF
RM 490,000
Level 13
1,464 sqft · RM 335 PSF

No Properties For Sale

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

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