BandingHouse

The Park (Pangsapuri Hijau Indah)

Seberang Perai Utara, Penang · High-rise (condo, apartment, flat) · Leasehold

Homes in The Park (Pangsapuri Hijau Indah) have sold for a median of

RM350,000

RM350 psf on the recorded floor area

RM329,000median RM350,000RM375,000

Half of the 21 recorded sales fell between RM329,000 and RM375,000. One in ten went under RM296,700, one in ten over RM393,000. Sales run from 14 October 2022 to 10 July 2025.

Down 6% from a RM360,000 median in 2023 to RM340,000 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 Leasehold 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
2022RM318,000RM318 psf1
2023RM360,000RM360 psf7
2024RM340,000RM340 psf11
2025RM371,500RM371 psf2

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 Seberang Perai Utara with enough recorded sales, cheapest first. By median sold price, The Park (Pangsapuri Hijau Indah) sits 20 of 29 in that set.

13 cheaper schemes above

3 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. The Park (Pangsapuri Hijau Indah)’s own median is RM350,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM350,000 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%): RM35,000
  • Transfer duty (MOT): RM6,000
  • Loan duty (0.5%): RM1,575
  • Total cash: RM42,575
  • Qualifying first home: RM35,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,395
  • Total monthly: RM1,395

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

Adjust these numbers

Questions this record answers

What have homes in The Park (Pangsapuri Hijau Indah) sold for?
A median of RM350,000 (RM350 psf), from 21 land-office transactions between 14 October 2022 and 10 July 2025.
What is a typical band here?
Half of recorded sales fell between RM329,000 and RM375,000. One in ten went under RM296,700; one in ten over RM393,000.
Has the median moved?
From RM360,000 in 2023 to RM340,000 in 2024 (-6%), 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.