Penang, Seberang Perai Utara, Butterworth

PARK VIEW TOWER

Area Intelligence

2021

Median Price

RM 280,000

PSF: RM 317

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 317

PARK VIEW TOWER in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 280K and a median price per square foot (PSF) of RM 317.

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 280K, with most transactions falling within a stable range of RM 249K to RM 327K, and a typical market range of RM 258K to RM 303K.

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

For price per square foot, the median is RM 317, with most transactions between RM 295 and RM 339. The usual range is RM 288.00 to RM 346.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 22, 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. 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.

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PARK VIEW TOWER, Seberang Perai Utara, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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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

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RM 280,000

Level 8

883 sqft • RM 317.00 PSF

Dec 2021

RM 360,000

Level 25

1,076 sqft • RM 334.00 PSF

Dec 2021

RM 249,000

Level 9

883 sqft • RM 282.00 PSF

Nov 2021

Road	Price	Land PSF	Land	Date	Type
Level 8	RM 280,000	RM 317.00	883 sqft	Dec 2021	Condo/Apartment
Level 25	RM 360,000	RM 334.00	1,076 sqft	Dec 2021	Condo/Apartment
Level 9	RM 249,000	RM 282.00	883 sqft	Nov 2021	Condo/Apartment