SHINEVILLE PARK CONDO

SHINEVILLE PARK CONDO in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 555K and a median price per square foot (PSF) of RM 315.

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 555K, with most transactions falling within a stable range of RM 500K to RM 634K, and a typical market range of RM 513K to RM 597K.

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

The median PSF stands at RM 315, with core pricing between RM 263 and RM 367. Market pricing typically extends from RM 287.00 to RM 343.00, reflecting moderate variation in unit pricing. The spread of RM 56.00 (IQR) and deviation of RM 52 (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.