Boulevard Condominium

Solok Thean Tek, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM560,000
PSF
RM534
Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
Condo
RM480,000
Level 18
936 sqft · RM513 PSF
RM485,000
Level 14
936 sqft · RM518 PSF
RM500,000
Level 28
936 sqft · RM534 PSF
1,050 sqft
Condo
RM800,000
Level 37
1,066 sqft · RM751 PSF
RM1,100,000
Level 36
1,044 sqft · RM1,054 PSF
1,100 sqft
Condo
RM560,000
Level 32
1,087 sqft · RM515 PSF
1,200 sqft
Condo
RM655,000
Level 30
1,195 sqft · RM548 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM560,000

RM534 psf

Median transaction price

Low

Does BOULEVARD CONDOMINIUM rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Boulevard Condominium
© OpenStreetMap · CARTO

Solok Thean Tek, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Boulevard Condominium in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM560K and a median price per square foot (PSF) of RM534.

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 RM560K, with most transactions falling within a stable range of RM480K to RM771K, and a typical market range of RM483K to RM638K.

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

Price per square foot shows a median of RM534, though individual units vary from RM345 to RM723 in the core range. The broader market spans RM477.43 to RM590.43, indicating diverse property characteristics. A wider spread (IQR: RM113.00) and deviation (MAD: RM189) indicate significant PSF variations, likely due to diverse property types or conditions.

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.