BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 555.

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 520K, with most transactions falling within a stable range of RM 440K to RM 600K, and a typical market range of RM 443K to RM 598K.

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

For price per square foot, the median is RM 555, with most transactions between RM 515 and RM 595. The usual range is RM 498.50 to RM 611.50, 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.