Penang, Seberang Perai Utara, Butterworth

DAHLIA PARK

Area Intelligence

2023

Median Price

RM 427,000

PSF: RM 293

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Residential PSF Trends

Median Price

RM 427,000

PSF: RM 293

Commercial PSF Trends

Median Price

RM 1,300,000

RM 951 PSF

DAHLIA PARK in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 427K and a median price per square foot (PSF) of RM 293.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 293, with most transactions between RM 293 and RM 293. The usual range is RM 268.13 to RM 316.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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DAHLIA PARK, Seberang Perai Utara, Penang

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