Palm Villas
Kampung Paya, 12300 Butterworth, Pulau Pinang, Malaysia
Kampung Paya, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Seri Cemerlang 1
|
RM 800,000
|
RM 279
|
2,863 sqft
|
|
|
|
Lorong Seri Cemerlang 1
|
RM 800,000
|
RM 279
|
2,863 sqft
|
|
|
|
Lorong Seri Cemerlang 1
|
RM 850,000
|
RM 297
|
2,863 sqft
|
|
|
|
Lorong Seri Cemerlang 1
|
RM 900,000
|
RM 314
|
2,863 sqft
|
|
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Market Snapshot
ResidentialRM 825,000
RM 288 psfMedian transaction price
Palm Villas, Kampung Paya, 12300 Butterworth, Pulau Pinang, Malaysia
MapsPalm Villas in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 825K and a median price per square foot (PSF) of RM 288.
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 825K, with most transactions falling within a stable range of RM 800K to RM 866K, and a typical market range of RM 800K to RM 875K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 288, with most transactions between RM 274 and RM 303. The usual range is RM 271.64 to RM 304.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.
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.