HILL PARK RESIDENSI

HILL PARK RESIDENSI in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2024, with a median price of RM 900K and a median price per square foot (PSF) of RM 296.

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 678K to RM 1.06 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.

For price per square foot, the median is RM 296, with most transactions between RM 268 and RM 324. The usual range is RM 273.88 to RM 318.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.25 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

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.