Halaman Areka
Residential Transaction Prices
Halaman Areka is a township/project located in Timur Laut, Pulau Pinang. The median transacted price for Halaman Areka is RM 430,000 with a median transacted price of RM 512.16 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 430,000
- YoY
Lower: RM 350,000
Upper: RM 430,000
Median price per sq.ft. (psf)
RM 512.16
- YoY
Lower: RM 373.75
Upper: RM 512.16
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Halaman Areka Median Price Psf
Latest Transactions from Mar 23 to Feb 24
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| February 2024 | Flat | Leasehold | N/A | 936.46 sq.ft | N/A | RM 350,000 | RM 374 |
| May 2023 | Flat | Leasehold | N/A | 839.58 sq.ft | 839.58 sq.ft | RM 430,000 | RM 512 |
| May 2023 | Flat | Leasehold | N/A | 839.58 sq.ft | N/A | RM 430,000 | RM 512 |
February 2024
Type: Flat
Tenure: Leasehold
Road: N/A
Land Area: 936.46 sq.ft
Build Area: N/A
Transaction: RM 350,000
Price PSF: RM 374
May 2023
Type: Flat
Tenure: Leasehold
Road: N/A
Land Area: 839.58 sq.ft
Build Area: 839.58 sq.ft
Transaction: RM 430,000
Price PSF: RM 512
May 2023
Type: Flat
Tenure: Leasehold
Road: N/A
Land Area: 839.58 sq.ft
Build Area: N/A
Transaction: RM 430,000
Price PSF: RM 512
Frequently Asked Questions
What factors affect residential property prices in Halaman Areka, Timur Laut?
Residential property prices in Halaman Areka, Timur Laut are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Halaman Areka, Timur Laut?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Halaman Areka, Timur Laut.
How have residential property prices changed recently in Halaman Areka, Timur Laut?
In the past 12 months, residential property prices in Halaman Areka, Timur Laut have decreased by % YoY.
What is the median price for residential property in Halaman Areka, Timur Laut?
The median price for residential property in Halaman Areka, Timur Laut is RM 430,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.