SEA VIEW TOWER
Residential Market
Median Price
RM 380,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
6 properties
Median Price
RM 130,000
-12.3% CAGR
Median PSF
RM 201.00
-12.2% CAGR
Double Storey Semi-D
5 properties
Median Price
RM 1,450,000
-1.7% CAGR
Median PSF
RM 453.50
-1.7% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost Flat | 6 |
RM 130,000
±13K MAD
|
-12.29% |
RM 201.00
±19 MAD
|
-12.19% | |
| Double Storey Semi-D | 5 |
RM 1,450,000
±50K MAD
|
-1.68% |
RM 453.50
±16 MAD
|
-1.67% |
SEA VIEW TOWER in Seberang Perai Utara, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 380K and a median price per square foot (PSF) of RM 342.
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 340K to RM 420K, and a typical market range of RM 344K to RM 417K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 342, with most transactions between RM 312 and RM 372. The usual range is RM 310.00 to RM 374.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 30, 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.