Alila 2
Persiaran Lembah Permai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Persiaran Lembah Permai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 2,300,000
|
RM 1,047
|
2,196 sqft
|
|
|
|
Level 11
|
RM 2,200,000
|
RM 1,002
|
2,196 sqft
|
|
|
|
Level 21
|
RM 2,050,000
|
RM 934
|
2,196 sqft
|
|
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Market Snapshot
ResidentialRM 2,200,000
RM 1,002 psfMedian transaction price
Persiaran Lembah Permai, Tanjung Tokong, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsAlila 2 in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 1,002.
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 2.20 million, with most transactions falling within a stable range of RM 2.10 million to RM 2.30 million, and a typical market range of RM 2.05 million to RM 2.30 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 1,002, with most transactions between RM 955 and RM 1,049. The usual range is RM 872.89 to RM 1,130.89, showing that most units are priced quite close to each other. With an IQR of RM 258.00 and MAD of RM 47, 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. 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.