TROPICANA 218 MACALISTER

TROPICANA 218 MACALISTER in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 705K and a median price per square foot (PSF) of RM 1,039.

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 705K, with most transactions falling within a stable range of RM 550K to RM 870K, and a typical market range of RM 550K to RM 923K.

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

Price per square foot shows a median of RM 1,039, though individual units vary from RM 825 to RM 1,253 in the core range. The broader market spans RM 827.88 to RM 1,250.13, indicating diverse property characteristics. The spread of RM 422.25 (IQR) and deviation of RM 214 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.