SHINEVILLE PARK CONDO

SHINEVILLE PARK CONDO in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 560K and a median price per square foot (PSF) of RM 334.

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 495K to RM 634K, and a typical market range of RM 518K to RM 601K.

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

The median PSF stands at RM 334, with core pricing between RM 294 and RM 374. Market pricing typically extends from RM 306.00 to RM 362.00, reflecting moderate variation in unit pricing. With an IQR of RM 56.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

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.