HILLKREAST RESIDENCE

HILLKREAST RESIDENCE in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 900K and a median price per square foot (PSF) of RM 394.

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 900K, with most transactions falling within a stable range of RM 830K to RM 1.03 million, and a typical market range of RM 869K to RM 931K.

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

The median PSF stands at RM 394, with core pricing between RM 336 and RM 452. Market pricing typically extends from RM 373.75 to RM 414.25, reflecting moderate variation in unit pricing. With an IQR of RM 40.50 and MAD of RM 58, 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.