Area Intelligence

THE PROMINENCE

14 properties
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Median Price
RM 509,000
PSF: RM 335

Residential Market

Median Price

RM 509,000

IQR: RM 56
MAD: RM 30
RM 335 PSF 2.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,650,000

RM 1,217 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE PROMINENCE in Seberang Perai Tengah, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 509K and a median price per square foot (PSF) of RM 335.

This area contains both residential and commercial properties. View 30 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 509K, with most transactions falling within a stable range of RM 458K to RM 568K, and a typical market range of RM 458K to RM 578K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 335, with core pricing between RM 297 and RM 373. Market pricing typically extends from RM 299.00 to RM 371.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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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THE PROMINENCE, Seberang Perai Tengah, Penang

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Transactions

14 properties grouped by size

1,500 sqft
10 units (showing 6) Condo/Apartment
RM 465,000
1,508 sqft · RM 308.00 PSF
Jun 2023
RM 470,000
1,508 sqft · RM 312.00 PSF
May 2023
RM 458,000
1,508 sqft · RM 304.00 PSF
Apr 2023
RM 600,000
1,507 sqft · RM 398.00 PSF
Feb 2023
RM 490,000
1,508 sqft · RM 325.00 PSF
Jan 2023
RM 600,000
1,507 sqft · RM 398.00 PSF
Sep 2022
1,550 sqft
4 units Condo/Apartment
RM 633,000
1,528 sqft · RM 414.00 PSF
Mar 2025
RM 520,000
1,528 sqft · RM 340.00 PSF
Mar 2024
RM 600,000
1,528 sqft · RM 393.00 PSF
Sep 2023
RM 550,000
1,536 sqft · RM 358.00 PSF
Jun 2021