TROPICANA 218 MACALISTER

TROPICANA 218 MACALISTER in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 1,180.

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 680K, with most transactions falling within a stable range of RM 541K to RM 819K, and a typical market range of RM 530K to RM 898K.

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

The median PSF stands at RM 1,180, with core pricing between RM 973 and RM 1,387. Market pricing typically extends from RM 968.88 to RM 1,391.13, reflecting moderate variation in unit pricing. The spread of RM 422.25 (IQR) and deviation of RM 207 (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.