BOULEVARD CONDOMINIUM

BOULEVARD CONDOMINIUM in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 534.

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 560K, with most transactions falling within a stable range of RM 480K to RM 771K, and a typical market range of RM 484K to RM 636K.

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

Price per square foot shows a median of RM 534, though individual units vary from RM 345 to RM 723 in the core range. The broader market spans RM 480.25 to RM 587.75, indicating diverse property characteristics. A wider spread (IQR: RM 107.50) and deviation (MAD: RM 189) indicate significant PSF variations, likely due to diverse property types or conditions.

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.