HILL PARK RESIDENSI
Residential Market
Median Price
RM 932,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 190,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached
34 properties
Median Price
RM 922,250
-0.7% CAGR
Median PSF
RM 287.75
-0.6% CAGR
Double Storey Terraced
2 properties
Median Price
RM 670,000
+3.0% CAGR
Median PSF
RM 435.50
+3.0% CAGR
Shop/Retail Lot
2 properties
Median Price
RM 190,000
+92.3% CAGR
Median PSF
RM 278.50
+96.3% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Detached | 34 |
RM 922,250
±11K MAD
|
-0.70% |
RM 287.75
±5 MAD
|
-0.63% | |
Double Storey Terraced | 2 |
RM 670,000
±10K MAD
|
+3.03% |
RM 435.50
±7 MAD
|
+3.03% | |
Shop/Retail Lot | 2 |
RM 190,000
±60K MAD
|
+92.31% |
RM 278.50
±91 MAD
|
+96.28% |
HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2021, with a median price of RM 932K and a median price per square foot (PSF) of RM 295.
This area contains both residential and commercial properties. View 36 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 932K, with most transactions falling within a stable range of RM 870K to RM 1.34 million, and a typical market range of RM 870K to RM 1.06 million.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 295, with core pricing between RM 251 and RM 339. Market pricing typically extends from RM 272.88 to RM 317.13, reflecting moderate variation in unit pricing. The spread of RM 44.25 (IQR) and deviation of RM 44 (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.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG HILL PARK 9
|
RM 940,000
|
RM 301.00
|
3,122 sqft
|
Sep 2021
|
LORONG HILL PARK 13
|
RM 900,000
|
RM 284.00
|
3,165 sqft
|
Oct 2021
|
LORONG HILL PARK 6
|
RM 870,000
|
RM 272.00
|
3,197 sqft
|
Dec 2021
|
|
LORONG HILL PARK 13
|
RM 924,000
|
RM 289.00
|
3,197 sqft
|
Dec 2021
|
LORONG HILL PARK 6
|
RM 1,300,000
|
RM 403.00
|
3,229 sqft
|
Dec 2021
|
LORONG HILL PARK 3
|
RM 2,000,000
|
RM 334.00
|
5,996 sqft
|
Sep 2021
|