BandingHouse

Shineville Park Condo

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Shineville Park Condo have sold for a median of

RM556,500

RM332 psf on the recorded floor area

RM515,750median RM556,500RM600,000

Half of the 34 recorded sales fell between RM515,750 and RM600,000. One in ten went under RM500,000, one in ten over RM759,000. Sales run from 18 October 2021 to 20 November 2025.

Down 1% from a RM555,000 median in 2021 to RM550,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM555,000RM315 psf5
2022RM559,500RM334 psf14
2023RM575,000RM355 psf6
2024RM550,000RM315 psf5
2025RM554,000RM318 psf4

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Shineville Park Condo sits 111 of 154 in that set.

104 cheaper schemes above

37 dearer schemes below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Shineville Park Condo’s own median is RM556,500 — higher than that state median. Full Penang table.

Cash and monthly on the RM556,500 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM55,650
  • Transfer duty (MOT): RM10,695
  • Loan duty (0.5%): RM2,504
  • Total cash: RM68,849

Monthly carry

  • Instalment (35y @ 4.00%): RM2,218
  • Total monthly: RM2,218

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Shineville Park Condo sold for?
A median of RM556,500 (RM332 psf), from 34 land-office transactions between 18 October 2021 and 20 November 2025.
What is a typical band here?
Half of recorded sales fell between RM515,750 and RM600,000. One in ten went under RM500,000; one in ten over RM759,000.
Has the median moved?
From RM555,000 in 2021 to RM550,000 in 2024 (-1%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.