PENHILL PERDANA CONDOMINIUM

PENHILL PERDANA CONDOMINIUM in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 555K and a median price per square foot (PSF) of RM 493.

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 555K, with most transactions falling within a stable range of RM 505K to RM 605K, and a typical market range of RM 513K to RM 598K.

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

For price per square foot, the median is RM 493, with most transactions between RM 485 and RM 501. The usual range is RM 479.50 to RM 506.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.