Penang, Seberang Perai Utara, Butterworth

RESIDENSI RIA EMAS

Area Intelligence

2024

Median Price

RM 597,000

PSF: RM 460

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Residential PSF Trends

Median Price

RM 597,000

PSF: RM 460

RESIDENSI RIA EMAS in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 597K and a median price per square foot (PSF) of RM 460.

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 597K, with most transactions falling within a stable range of RM 590K to RM 605K, and a typical market range of RM 590K to RM 611K.

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

The median PSF stands at RM 460, with core pricing between RM 383 and RM 537. Market pricing typically extends from RM 419.75 to RM 500.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.

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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RESIDENSI RIA EMAS, Seberang Perai Utara, Penang

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