PANGSAPURI RIA

PANGSAPURI RIA in Seberang Perai Utara, Penang recorded 19 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 299.

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 230K, with most transactions falling within a stable range of RM 190K to RM 271K, and a typical market range of RM 205K to RM 256K.

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

The median PSF stands at RM 299, with core pricing between RM 267 and RM 331. Market pricing typically extends from RM 273.50 to RM 324.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 32, 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.