N-PARK (TAMAN UTARA)

N-PARK (TAMAN UTARA) in Timur Laut, Penang recorded 10 subsale transactions in 2021, with a median price of RM 415K and a median price per square foot (PSF) of RM 593.

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 415K, with most transactions falling within a stable range of RM 312K to RM 450K, and a typical market range of RM 339K to RM 450K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 593, though individual units vary from RM 467 to RM 718 in the core range. The broader market spans RM 484.63 to RM 700.38, indicating diverse property characteristics. The spread of RM 215.75 (IQR) and deviation of RM 126 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.