THE H2O CONDOMINIUM

THE H2O CONDOMINIUM in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 790K and a median price per square foot (PSF) of RM 592.

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 790K, with most transactions falling within a stable range of RM 730K to RM 850K, and a typical market range of RM 735K to RM 845K.

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

For price per square foot, the median is RM 592, with most transactions between RM 547 and RM 638. The usual range is RM 552.00 to RM 632.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 46, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.