SEA VIEW TOWER

SEA VIEW TOWER in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 301K and a median price per square foot (PSF) of RM 452.

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 301K, with most transactions falling within a stable range of RM 261K to RM 341K, and a typical market range of RM 266K to RM 336K.

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

For price per square foot, the median is RM 452, with most transactions between RM 419 and RM 485. The usual range is RM 419.50 to RM 483.50, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 33, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.