Penang
Timur Laut
13
HILLKREAST RESIDENCE

HILLKREAST RESIDENCE

Area Intelligence

2023

Median Price

RM 855,000

PSF: RM 373

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Residential PSF Trends

Median Price

RM 855,000

PSF: RM 373

HILLKREAST RESIDENCE in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 855K and a median price per square foot (PSF) of RM 373.

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 855K, with most transactions falling within a stable range of RM 850K to RM 860K, and a typical market range of RM 850K to RM 860K.

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

For price per square foot, the median is RM 373, with most transactions between RM 371 and RM 375. The usual range is RM 352.75 to RM 393.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 2 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. 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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HILLKREAST RESIDENCE, Timur Laut, Penang

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