BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 605K and a median price per square foot (PSF) of RM 573.

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 605K, with most transactions falling within a stable range of RM 525K to RM 685K, and a typical market range of RM 528K to RM 683K.

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

For price per square foot, the median is RM 573, with most transactions between RM 533 and RM 613. The usual range is RM 516.50 to RM 629.50, showing that most units are priced quite close to each other. With an IQR of RM 113.00 and MAD of RM 40, 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. Limited transaction history suggests carefully evaluating comparable sales data.