PARK VIEW TOWER

PARK VIEW TOWER in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 363.

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 320K, with most transactions falling within a stable range of RM 295K to RM 345K, and a typical market range of RM 296K to RM 345K.

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

For price per square foot, the median is RM 363, with most transactions between RM 333 and RM 393. The usual range is RM 332.13 to RM 393.88, showing that most units are priced quite close to each other. With an IQR of RM 61.75 and MAD of RM 30, 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.