BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 660K and a median price per square foot (PSF) of RM 632.

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 660K, with most transactions falling within a stable range of RM 570K to RM 750K, and a typical market range of RM 584K to RM 736K.

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

The median PSF stands at RM 632, with core pricing between RM 512 and RM 752. Market pricing typically extends from RM 578.25 to RM 685.75, reflecting moderate variation in unit pricing. The spread of RM 107.50 (IQR) and deviation of RM 120 (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. 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.