AMBAY PARK

AMBAY PARK in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 433.

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 509K, with most transactions falling within a stable range of RM 490K to RM 590K, and a typical market range of RM 490K to RM 537K.

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

The median PSF stands at RM 433, with core pricing between RM 379 and RM 486. Market pricing typically extends from RM 403.00 to RM 462.00, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 54, 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.