ECO HORIZON (FASA1)

ECO HORIZON (FASA1) in Seberang Perai Selatan, Penang recorded 32 subsale transactions in 2023, with a median price of RM 974K and a median price per square foot (PSF) of RM 558.

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 974K, with most transactions falling within a stable range of RM 850K to RM 1.10 million, and a typical market range of RM 874K to RM 1.07 million.

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

The median PSF stands at RM 558, with core pricing between RM 481 and RM 634. Market pricing typically extends from RM 523.75 to RM 591.25, reflecting moderate variation in unit pricing. With an IQR of RM 67.50 and MAD of RM 77, 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. Moderate transaction volume may require patience when buying or selling.