Penang, Seberang Perai Utara, Butterworth

PARK VIEW TOWER

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 408

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 408

PARK VIEW TOWER in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 408.

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 360K, with most transactions falling within a stable range of RM 332K to RM 380K, and a typical market range of RM 338K to RM 380K.

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

For price per square foot, the median is RM 408, with most transactions between RM 376 and RM 440. The usual range is RM 379.00 to RM 437.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 32, 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

5 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 380,000

Level 11

883 sqft • RM 431.00 PSF

Oct 2023

RM 380,000

Level 17

883 sqft • RM 431.00 PSF

Sep 2023

RM 308,000

Level 22

883 sqft • RM 349.00 PSF

Sep 2023

RM 360,000

Level 20

883 sqft • RM 408.00 PSF

Mar 2023

RM 330,000

Level 8

883 sqft • RM 374.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 11	RM 380,000	RM 431.00	883 sqft	Oct 2023	Condo/Apartment
Level 17	RM 380,000	RM 431.00	883 sqft	Sep 2023	Condo/Apartment
Level 22	RM 308,000	RM 349.00	883 sqft	Sep 2023	Condo/Apartment
Level 20	RM 360,000	RM 408.00	883 sqft	Mar 2023	Condo/Apartment
Level 8	RM 330,000	RM 374.00	883 sqft	Jan 2023	Condo/Apartment