PARK VIEW TOWER

PARK VIEW TOWER in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 344.

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 370K, with most transactions falling within a stable range of RM 360K to RM 402K, and a typical market range of RM 360K to RM 395K.

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

For price per square foot, the median is RM 344, with most transactions between RM 313 and RM 374. The usual range is RM 312.63 to RM 374.38, 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.