SEA VIEW TOWER

SEA VIEW TOWER in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 316.

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 380K, with most transactions falling within a stable range of RM 350K to RM 462K, and a typical market range of RM 350K to RM 415K.

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

For price per square foot, the median is RM 316, with most transactions between RM 291 and RM 341. The usual range is RM 284.38 to RM 347.63, showing that most units are priced quite close to each other. With an IQR of RM 63.25 and MAD of RM 25, 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.