PENHILL PERDANA CONDOMINIUM

Area Intelligence
2023
Median Price
RM 510,000
PSF: RM 504

Residential PSF Trends

Median Price

RM 510,000

PSF: RM 504

PENHILL PERDANA CONDOMINIUM in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 504.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 504, with most transactions between RM 504 and RM 504. The usual range is RM 492.25 to RM 515.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PENHILL PERDANA CONDOMINIUM, Timur Laut, Penang

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