Tropika Ferringhi

11050 Batu Ferringhi, Penang, Malaysia

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Tropika Ferringhi
© OpenStreetMap · CARTO

11050 Batu Ferringhi, Penang, Malaysia

Maps

Tropika Ferringhi in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.80 million and a median price per square foot (PSF) of RM561.

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 RM1.80 million, with most transactions falling within a stable range of RM1.77 million to RM1.83 million, and a typical market range of RM1.72 million to RM1.88 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM561, with core pricing between RM491 and RM632. Market pricing typically extends from RM506.13 to RM615.88, reflecting moderate variation in unit pricing. With an IQR of RM109.75 and MAD of RM71, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.