VERTU RESORT

VERTU RESORT in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2024, with a median price of RM 515K and a median price per square foot (PSF) of RM 493.

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 515K, with most transactions falling within a stable range of RM 484K to RM 956K, and a typical market range of RM 484K to RM 577K.

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

Price per square foot shows a median of RM 493, though individual units vary from RM 386 to RM 600 in the core range. The broader market spans RM 449.63 to RM 536.38, indicating diverse property characteristics. The spread of RM 86.75 (IQR) and deviation of RM 107 (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.