HILL PARK RESIDENSI
Residential Market
Median Price
RM 1,200,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 130,000
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 8 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 286.
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 1.05 million, with most transactions falling within a stable range of RM 363K to RM 1.73 million, and a typical market range of RM 923K to RM 1.17 million.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 286, though individual units vary from RM 215 to RM 357 in the core range. The broader market spans RM 263.88 to RM 308.13, indicating diverse property characteristics. The spread of RM 44.25 (IQR) and deviation of RM 71 (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
8 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 130,000
|
RM 188.00
|
690 sqft
|
Jul 2023
|
LORONG HILL PARK 17
|
RM 680,000
|
RM 442.00
|
1,539 sqft
|
Aug 2023
|
LORONG HILL PARK 9
|
RM 1,200,000
|
RM 384.00
|
3,122 sqft
|
Jul 2023
|
|
LORONG HILL PARK 11
|
RM 895,000
|
RM 287.00
|
3,122 sqft
|
Jun 2023
|
|
LORONG HILL PARK 7
|
RM 880,000
|
RM 282.00
|
3,122 sqft
|
Apr 2023
|
LORONG HILL PARK 3
|
RM 1,500,000
|
RM 285.00
|
5,264 sqft
|
Jul 2023
|
|
LORONG HILL PARK 3
|
RM 1,500,000
|
RM 285.00
|
5,264 sqft
|
Jan 2023
|
LORONG HILL PARK 3
|
RM 2,600,000
|
RM 301.00
|
8,643 sqft
|
May 2023
|