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 396K to RM 480K, and a typical market range of RM 375K to RM 480K.

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

The median PSF stands at RM 643, with core pricing between RM 565 and RM 721. Market pricing typically extends from RM 536.00 to RM 750.00, reflecting moderate variation in unit pricing. With an IQR of RM 214.00 and MAD of RM 78, 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.