Penhill Perdana Condominium

Block 5 & 7, Taman Lintang, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM510,000
PSF
RM504
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM500,000
Level 8
1,012 sqft · RM494 PSF
RM520,000
Level 8
1,012 sqft · RM514 PSF
Legend Recent Highest Price Highest PSF

Selling in Penhill Perdana Condominium? Homes here sold for a median of RM510,000.

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Nearby areas in 16

Penhill Perdana Condominium

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10RM551,500
RM493

Pangsapuri Pinang Indah

5 txns · RM430,000

5RM430,000
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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 16

Market Snapshot

Residential

RM510,000

RM504 psf

Median transaction price

Average

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Penhill Perdana Condominium
© OpenStreetMap · CARTO

Block 5 & 7, Taman Lintang, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Penhill Perdana Condominium in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM510K and a median price per square foot (PSF) of RM504.

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 RM510K, with most transactions falling within a stable range of RM500K to RM520K, and a typical market range of RM500K to RM520K.

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

For price per square foot, the median is RM504, with most transactions between RM494 and RM514. The usual range is RM492.30 to RM515.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM23.50 and an average deviation (MAD) of RM10 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.