PENHILL PERDANA CONDOMINIUM

PENHILL PERDANA CONDOMINIUM in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 504.

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 510K, with most transactions falling within a stable range of RM 500K to RM 520K, and a typical market range of RM 500K to RM 520K.

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

For price per square foot, the median is RM 504, with most transactions between RM 494 and RM 514. The usual range is RM 490.50 to RM 517.50, 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 10 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.