THE H2O CONDOMINIUM

THE H2O CONDOMINIUM in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 773K and a median price per square foot (PSF) of RM 589.

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 773K, with most transactions falling within a stable range of RM 695K to RM 850K, and a typical market range of RM 718K to RM 828K.

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

The median PSF stands at RM 589, with core pricing between RM 507 and RM 671. Market pricing typically extends from RM 549.00 to RM 629.00, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 82, 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.