SHINEVILLE PARK CONDO

Area Intelligence
2024
Median Price
RM 550,000
PSF: RM 315

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 315

SHINEVILLE PARK CONDO in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 315.

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 550K, with most transactions falling within a stable range of RM 500K to RM 651K, and a typical market range of RM 509K to RM 591K.

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

The median PSF stands at RM 315, with core pricing between RM 268 and RM 362. Market pricing typically extends from RM 286.50 to RM 343.50, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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.

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SHINEVILLE PARK CONDO, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,600 sqft
Condo/Apartment
RM 600,000
Level 37
1,593 sqft · RM 377 PSF
1,650 sqft
Condo/Apartment
RM 500,000
Level 37
1,647 sqft · RM 304 PSF
RM 518,000
Level 26
1,647 sqft · RM 315 PSF
RM 550,000
Level 24
1,647 sqft · RM 334 PSF
3,350 sqft
Condo/Apartment
RM 780,000
Level 40
3,369 sqft · RM 232 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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