PARK VIEW TOWER

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 250K to RM 310K, 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 288 and RM 346. 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 29, 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.