BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 485K and a median price per square foot (PSF) of RM 518.

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 485K, with most transactions falling within a stable range of RM 405K to RM 565K, and a typical market range of RM 408K to RM 563K.

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

For price per square foot, the median is RM 518, with most transactions between RM 478 and RM 558. The usual range is RM 461.50 to RM 574.50, 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.