THE PROMINENCE Transaction Price & PSF
THE PROMINENCE Condominium/Apartment Residential Property Market | residential | Data through October 2025
This article examines the residential market for THE PROMINENCE in Seberang Perai Tengah, Pulau Pinang, using the available transaction data to explain how the scheme data can inform reader interpretation without implying guaranteed outcomes.
Market overview
The data indicate a residential focus within the THE PROMINENCE scheme in Seberang Perai Tengah, with Condominium/Apartment transactions forming the main activity within the scope. The market profile shows a concentration of activity in the identified district and scheme, while recognising that each property's features and circumstances can influence outcomes beyond what benchmarks capture. It is helpful to compare property types separately, since different categories tend to move with distinct dynamics.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Condominium/Apartment
Within this residential category, THE PROMINENCE shows a defined concentration of activity in the leading district and within the scheme, reflecting how buyers and sellers engage in this market segment. Interpretations should treat this category as the focal point of the dataset for this market segment, while avoiding assumptions beyond what the data directly show.
How to interpret this market
Readers can use the transaction benchmarks as contextual references for this THE PROMINENCE residential market, while recognizing that an individual property may differ in features, timing, and conditions not captured by the benchmarks.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Seberang Perai Tengah property dataFrequently asked questions
What segment and property type does this article focus on?
The article focuses on residential activity for the Condominium/Apartment property type within THE PROMINENCE, in Seberang Perai Tengah, Pulau Pinang.
How should I interpret the transaction benchmarks in this dataset?
The benchmarks provide a context for understanding market activity and price dispersion within the scheme and property type, while noting that individual properties may differ in characteristics not reflected in the benchmarks.
Is there a leading submarket identified for this dataset?
Yes. The dataset identifies Seberang Perai Tengah as the leading district within the scope for this scheme and property type.
Summary
In summary, readers should compare property types separately and use the transaction benchmarks as a contextual guide rather than a forecast or guarantee.
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Methodology
Median transaction price for the selected market scope.
Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.
Unavailable measurements are not estimated or inferred.
Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.