Area Intelligence

HILL PARK RESIDENSI

6 properties
2021
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Median Price
RM 932,000
PSF: RM 295

Residential Market

Median Price

RM 932,000

IQR: RM 43
MAD: RM 21
RM 295 PSF 0.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 190,000

IQR: RM 91
MAD: RM 91
RM 279 PSF 96.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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HILL PARK RESIDENSI, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

3,100 sqft
1 units Detached
RM 940,000
LORONG HILL PARK 9
3,122 sqft · RM 301.00 PSF
Sep 2021
3,150 sqft
1 units Detached
RM 900,000
LORONG HILL PARK 13
3,165 sqft · RM 284.00 PSF
Oct 2021
3,200 sqft
2 units Detached
RM 870,000
LORONG HILL PARK 6
3,197 sqft · RM 272.00 PSF
Dec 2021
RM 924,000
LORONG HILL PARK 13
3,197 sqft · RM 289.00 PSF
Dec 2021
3,250 sqft
1 units Detached
RM 1,300,000
LORONG HILL PARK 6
3,229 sqft · RM 403.00 PSF
Dec 2021
6,000 sqft
1 units Detached
RM 2,000,000
LORONG HILL PARK 3
5,996 sqft · RM 334.00 PSF
Sep 2021