Penang, Seberang Perai Utara, Butterworth

PANTAI APARTMENT

Area Intelligence

2021

Median Price

RM 255,000

PSF: RM 282

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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 282

PANTAI APARTMENT in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 255K and a median price per square foot (PSF) of RM 282.

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 255K, with most transactions falling within a stable range of RM 220K to RM 290K, and a typical market range of RM 222K to RM 288K.

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

For price per square foot, the median is RM 282, with most transactions between RM 260 and RM 304. The usual range is RM 262.75 to RM 301.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 22 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. 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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PANTAI APARTMENT, Seberang Perai Utara, Penang

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