ALL SEASONS PARK in Timur Laut, Penang recorded 25 subsale transactions in 2022, with a median price of RM 590K and a median price per square foot (PSF) of RM 525.
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 590K, with most transactions falling within a stable range of RM 500K to RM 680K, and a typical market range of RM 514K to RM 667K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 525, with most transactions between RM 488 and RM 562. The usual range is RM 501.50 to RM 548.50, 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 37 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. Moderate transaction volume may require patience when buying or selling.
