SIMPHONY PARK

SIMPHONY PARK in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 519.

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 380K, with most transactions falling within a stable range of RM 378K to RM 408K, and a typical market range of RM 378K to RM 413K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 519, with most transactions between RM 481 and RM 557. The usual range is RM 472.38 to RM 565.63, showing that most units are priced quite close to each other. With an IQR of RM 93.25 and MAD of RM 38, 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.