N-PARK (TAMAN UTARA)

N-PARK (TAMAN UTARA) in Timur Laut, Penang recorded 30 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 600.

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 420K, with most transactions falling within a stable range of RM 355K to RM 300K, and a typical market range of RM 345K to RM 300K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 600, with core pricing between RM 533 and RM 667. Market pricing typically extends from RM 493.00 to RM 707.00, reflecting moderate variation in unit pricing. With an IQR of RM 214.00 and MAD of RM 67, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.