THE H2O CONDOMINIUM

THE H2O CONDOMINIUM in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 778K and a median price per square foot (PSF) of RM 535.

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 778K, with most transactions falling within a stable range of RM 675K to RM 921K, and a typical market range of RM 723K to RM 833K.

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

Price per square foot shows a median of RM 535, though individual units vary from RM 389 to RM 681 in the core range. The broader market spans RM 495.00 to RM 575.00, indicating diverse property characteristics. A wider spread (IQR: RM 80.00) and deviation (MAD: RM 146) 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. 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.