ECO HORIZON (FASA1)

ECO HORIZON (FASA1) in Seberang Perai Selatan, Penang recorded 16 subsale transactions in 2024, with a median price of RM 999K and a median price per square foot (PSF) of RM 559.

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 999K, with most transactions falling within a stable range of RM 892K to RM 1.11 million, and a typical market range of RM 899K to RM 1.10 million.

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

For price per square foot, the median is RM 559, with most transactions between RM 514 and RM 604. The usual range is RM 525.25 to RM 592.75, showing that most units are priced quite close to each other. With an IQR of RM 67.50 and MAD of RM 45, 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.