PEARL TROPIKA

PEARL TROPIKA in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 415.

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 520K, with most transactions falling within a stable range of RM 490K to RM 578K, and a typical market range of RM 490K to RM 565K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 415, with core pricing between RM 340 and RM 490. Market pricing typically extends from RM 333.00 to RM 497.00, reflecting moderate variation in unit pricing. The spread of RM 164.00 (IQR) and deviation of RM 75 (MAD) suggest moderate price variations reflecting different property features.

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.