ALL SEASONS PARK in Timur Laut, Penang recorded 7 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 461.
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 550K, with most transactions falling within a stable range of RM 466K to RM 634K, and a typical market range of RM 474K to RM 627K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 461, with most transactions between RM 437 and RM 485. The usual range is RM 437.50 to RM 484.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.
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.