SENZVILLES

SENZVILLES in Barat Daya, Penang recorded 5 subsale transactions in 2021, with a median price of RM 400K and a median price per square foot (PSF) of RM 448.

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 400K, with most transactions falling within a stable range of RM 300K to RM 528K, and a typical market range of RM 300K to RM 506K.

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

The median PSF stands at RM 448, with core pricing between RM 379 and RM 517. Market pricing typically extends from RM 405.75 to RM 490.25, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 69 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.