BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 605K and a median price per square foot (PSF) of RM 573.

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 605K, with most transactions falling within a stable range of RM 494K to RM 716K, and a typical market range of RM 529K to RM 681K.

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

Price per square foot shows a median of RM 573, though individual units vary from RM 445 to RM 701 in the core range. The broader market spans RM 519.25 to RM 626.75, indicating diverse property characteristics. The spread of RM 107.50 (IQR) and deviation of RM 128 (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. Limited transaction history suggests carefully evaluating comparable sales data.