VERTU RESORT

VERTU RESORT in Seberang Perai Selatan, Penang recorded 56 subsale transactions in 2021, with a median price of RM 558K and a median price per square foot (PSF) of RM 520.

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 558K, with most transactions falling within a stable range of RM 507K to RM 609K, and a typical market range of RM 496K to RM 620K.

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

For price per square foot, the median is RM 520, with most transactions between RM 475 and RM 565. The usual range is RM 476.63 to RM 563.38, showing that most units are priced quite close to each other. With an IQR of RM 86.75 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. Moderate transaction volume may require patience when buying or selling.