Penang
Timur Laut
Georgetown
SHINEVILLE PARK CONDO

SHINEVILLE PARK CONDO

Area Intelligence

2023

Median Price

RM 575,000

PSF: RM 355

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Residential PSF Trends

Median Price

RM 575,000

PSF: RM 355

SHINEVILLE PARK CONDO in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 355.

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 575K, with most transactions falling within a stable range of RM 430K to RM 882K, and a typical market range of RM 534K to RM 616K.

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

The median PSF stands at RM 355, with core pricing between RM 309 and RM 400. Market pricing typically extends from RM 326.00 to RM 383.00, reflecting moderate variation in unit pricing. With an IQR of RM 57.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

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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SHINEVILLE PARK CONDO, Timur Laut, Penang

OSM

Track location

Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 518,000

Level 37

1,647 sqft • RM 315.00 PSF

Aug 2023

RM 1,350,000

Level 19

2,949 sqft • RM 458.00 PSF

Jul 2023

RM 550,000

Level 18

1,593 sqft • RM 345.00 PSF

Jun 2023

RM 430,000

Level 35

1,292 sqft • RM 333.00 PSF

Apr 2023

RM 600,000

Level 32

1,647 sqft • RM 364.00 PSF

Mar 2023

RM 600,000

Level 18

1,647 sqft • RM 364.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 37	RM 518,000	RM 315.00	1,647 sqft	Aug 2023	Condo/Apartment
Level 19	RM 1,350,000	RM 458.00	2,949 sqft	Jul 2023	Condo/Apartment
Level 18	RM 550,000	RM 345.00	1,593 sqft	Jun 2023	Condo/Apartment
Level 35	RM 430,000	RM 333.00	1,292 sqft	Apr 2023	Condo/Apartment
Level 32	RM 600,000	RM 364.00	1,647 sqft	Mar 2023	Condo/Apartment
Level 18	RM 600,000	RM 364.00	1,647 sqft	Jan 2023	Condo/Apartment