LUMINARI @ HARBOUR PLACE

LUMINARI @ HARBOUR PLACE in Seberang Perai Utara, Penang recorded 6 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 541K and a median price per square foot (PSF) of RM 509.

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 541K, with most transactions falling within a stable range of RM 448K to RM 634K, and a typical market range of RM 479K to RM 603K.

Within the Service Apartment category, service apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 509, with core pricing between RM 415 and RM 602. Market pricing typically extends from RM 479.63 to RM 537.38, reflecting moderate variation in unit pricing. The spread of RM 57.75 (IQR) and deviation of RM 93 (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. 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.