Area Intelligence

HILL PARK RESIDENSI

15 properties
2022
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Median Price
RM 900,000
PSF: RM 266

Residential Market

Median Price

RM 900,000

IQR: RM 43
MAD: RM 21
RM 266 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 15 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 266.

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 900K, with most transactions falling within a stable range of RM 660K to RM 1.23 million, and a typical market range of RM 775K to RM 1.03 million.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 266, though individual units vary from RM 206 to RM 326 in the core range. The broader market spans RM 243.88 to RM 288.13, indicating diverse property characteristics. The spread of RM 44.25 (IQR) and deviation of RM 60 (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

15 properties grouped by size

1,550 sqft
1 units Double Storey Terraced
RM 660,000
LORONG HILL PARK 17
1,539 sqft · RM 429.00 PSF
Jul 2022
3,100 sqft
4 units Detached
RM 800,000
LORONG HILL PARK 9
3,122 sqft · RM 256.00 PSF
Oct 2022
RM 950,000
LORONG HILL PARK 7
3,122 sqft · RM 304.00 PSF
Aug 2022
RM 980,000
LORONG HILL PARK 11
3,122 sqft · RM 314.00 PSF
May 2022
RM 830,000
LORONG HILL PARK 3
3,122 sqft · RM 266.00 PSF
Mar 2022
3,200 sqft
1 units Detached
RM 1,200,000
LORONG HILL PARK 13
3,197 sqft · RM 375.00 PSF
Dec 2022
3,250 sqft
1 units Detached
RM 900,000
LORONG HILL PARK 2
3,240 sqft · RM 278.00 PSF
Sep 2022
3,650 sqft
2 units Detached
RM 920,000
JALAN HILL PARK
3,627 sqft · RM 254.00 PSF
Apr 2022
RM 790,000
JALAN HILL PARK
3,627 sqft · RM 218.00 PSF
Feb 2022
3,700 sqft
1 units Detached
RM 900,000
LORONG HILL PARK 9
3,714 sqft · RM 242.00 PSF
Jan 2022
3,800 sqft
1 units Detached
RM 800,000
LORONG HILL PARK 13
3,800 sqft · RM 211.00 PSF
Jan 2022
3,850 sqft
1 units Detached
RM 800,000
LORONG HILL PARK 13
3,832 sqft · RM 209.00 PSF
Jan 2022
4,250 sqft
1 units Detached
RM 1,120,000
LORONG HILL PARK 2
4,230 sqft · RM 265.00 PSF
Sep 2022
5,200 sqft
1 units Detached
RM 1,700,000
LORONG HILL PARK 6
5,199 sqft · RM 327.00 PSF
May 2022
5,650 sqft
1 units Detached
RM 1,850,000
JALAN HILL PARK
5,662 sqft · RM 327.00 PSF
Mar 2022