E-PARK

E-PARK in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 587.

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 420K, with most transactions falling within a stable range of RM 378K to RM 462K, and a typical market range of RM 370K to RM 470K.

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

The median PSF stands at RM 587, with core pricing between RM 520 and RM 654. Market pricing typically extends from RM 509.50 to RM 664.50, reflecting moderate variation in unit pricing. With an IQR of RM 155.00 and MAD of RM 67, 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.