N-PARK (TAMAN UTARA)

N-PARK (TAMAN UTARA) in Timur Laut, Penang recorded 39 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 643.

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 450K, with most transactions falling within a stable range of RM 403K to RM 300K, and a typical market range of RM 375K to RM 300K.

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

For price per square foot, the median is RM 643, with most transactions between RM 591 and RM 695. The usual range is RM 536.00 to RM 750.00, showing that most units are priced quite close to each other. With an IQR of RM 214.00 and MAD of RM 52, 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.