Rena Park

No 15, Tingkat Sungai Rusa 1, Kampung Sungai Rusa, 6 Balik Pulau, Penang, Malaysia

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Nearby areas in 3

Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 3

Market Snapshot

Residential

RM840,000

RM503 psf

Median transaction price

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No 15, Tingkat Sungai Rusa 1, Kampung Sungai Rusa, 6 Balik Pulau, Penang, Malaysia

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Rena Park in Barat Daya, Penang recorded 0 subsale transactions in 2022, with a median price of RM840K and a median price per square foot (PSF) of RM503.

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 RM840K, with most transactions falling within a stable range of RM835K to RM845K, and a typical market range of RM829K to RM851K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM503, with most transactions between RM500 and RM506. The usual range is RM496.63 to RM509.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM12.75 and an average deviation (MAD) of RM3 indicate a highly stable PSF trend across properties.

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.