LUMINARI @ HARBOUR PLACE

LUMINARI @ HARBOUR PLACE in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 541K and a median price per square foot (PSF) of RM 509.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 541K, with most transactions falling within a stable range of RM 484K to RM 598K, and a typical market range of RM 479K to RM 600K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 509, with most transactions between RM 482 and RM 535. The usual range is RM 479.63 to RM 537.38, showing that most units are priced quite close to each other. With an IQR of RM 57.75 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.