Penang, Seberang Perai Utara, Butterworth

SEA VIEW TOWER

Area Intelligence

2022

Median Price

RM 372,500

PSF: RM 305

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Residential PSF Trends

Median Price

RM 372,500

PSF: RM 305

SEA VIEW TOWER in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2022, with a median price of RM 373K and a median price per square foot (PSF) of RM 305.

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 373K, with most transactions falling within a stable range of RM 329K to RM 416K, and a typical market range of RM 338K to RM 408K.

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

For price per square foot, the median is RM 305, with most transactions between RM 279 and RM 330. The usual range is RM 272.50 to RM 336.50, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 26, 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.

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SEA VIEW TOWER, Seberang Perai Utara, Penang

OSM

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Transactions

8 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,000 sqft

Condo/Apartment

1,000 sqft

Condo/Apartment

RM 350,000

Level 9

1,023 sqft · RM 342 PSF

Aug 2022

RM 300,000

Level 20

1,023 sqft · RM 293 PSF

May 2022

Level 9	RM 350,000	RM 342	1,023 sqft	Aug 2022
Level 20	RM 300,000	RM 293	1,023 sqft	May 2022

1,300 sqft

Condo/Apartment

1,300 sqft

Condo/Apartment

RM 423,000

Level 18

1,281 sqft · RM 330 PSF

Oct 2022

RM 365,000

Level 12

1,281 sqft · RM 285 PSF

Sep 2022

RM 380,000

Level 13

1,281 sqft · RM 297 PSF

Aug 2022

RM 450,000

Level 14

1,281 sqft · RM 351 PSF

Aug 2022

RM 400,000

Level 12

1,281 sqft · RM 312 PSF

Apr 2022

RM 355,000

Level 8

1,281 sqft · RM 277 PSF

Mar 2022

Level 18	RM 423,000	RM 330	1,281 sqft	Oct 2022
Level 12	RM 365,000	RM 285	1,281 sqft	Sep 2022
Level 13	RM 380,000	RM 297	1,281 sqft	Aug 2022
Level 14	RM 450,000	RM 351	1,281 sqft	Aug 2022
Level 12	RM 400,000	RM 312	1,281 sqft	Apr 2022
Level 8	RM 355,000	RM 277	1,281 sqft	Mar 2022