N-PARK (TAMAN UTARA)

N-PARK (TAMAN UTARA) in Timur Laut, Penang recorded 39 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 643.

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 450K, with most transactions falling within a stable range of RM 342K to RM 480K, and a typical market range of RM 374K to RM 480K.

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

Price per square foot shows a median of RM 643, though individual units vary from RM 508 to RM 778 in the core range. The broader market spans RM 535.13 to RM 750.88, indicating diverse property characteristics. The spread of RM 215.75 (IQR) and deviation of RM 135 (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. Moderate transaction volume may require patience when buying or selling.