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SEA VIEW TOWER Transaction Price & PSF

SEA VIEW TOWER · Condominium/Apartment · Seberang Perai Utara · Pulau Pinang · Data through July 2025

Median price
RM380,000
Median Parcel PSF
RM342.27 psf87.8% usable coverage
Transactions
41
Data period
July 2025From October 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This targeted market snapshot examines the residential segment for Condominium/Apartment within SEA VIEW TOWER in Pulau Pinang. The goal is to explain how the transaction benchmark works and how readers can interpret the scheme data without assuming future price movements or investment outcomes.

Market overview

The dataset centers on the SEA VIEW TOWER scheme within Seberang Perai Utara, Butterworth, in Pulau Pinang. The residential activity is concentrated around a single scheme and location, with transactions spread across multiple years. The SEA VIEW TOWER scheme stands out as the dominant submarket within Condominium/Apartment transactions in this dataset. The geographic focus points to Seberang Perai Utara and Butterworth as the primary districts and mukim for observed activity. The price distribution suggests a central tendency with variation, rather than a single fixed value.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Condominium/Apartment

Transactions
41
Median price
RM380,000
Median parcel area
1,281 sqft
Median Parcel PSF
RM342.27 psf
PSF coverage
87.8%

Within the residential segment, Condominium/Apartment transactions show a central tendency in price around a typical range with observed variation across the period. The SEA VIEW TOWER scheme anchors the activity for this property type, suggesting it is a key reference point for buyers reviewing this market.

How to interpret this market

Readers can use transaction benchmarks as a context for assessing how similar properties have moved within SEA VIEW TOWER and the wider district. Treat benchmarks as guides and comparisons, rather than precise predictions for any single property. Recognize that attributes such as exact block, unit size, orientation and condition can cause a specific property to differ from the benchmark.

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Frequently asked questions

What scheme appears to drive most activity in this market segment?

SEA VIEW TOWER is the leading scheme in the observed data for Condominium/Apartment transactions in Seberang Perai Utara, Butterworth, Pulau Pinang.

Which geographic submarkets show the main concentration of SEA VIEW TOWER transactions?

Seberang Perai Utara and Butterworth are the top districts and mukim in the data, indicating where activity has most commonly occurred.

How should I use the transaction benchmark when evaluating a property within SEA VIEW TOWER?

Use the benchmark as a contextual reference for typical ranges within the scheme and segment, while keeping in mind that an individual unit may differ due to size, floor, and condition.

Summary

In summary, readers should compare the Condominium/Apartment segment within SEA VIEW TOWER against other property types and against the transaction benchmarks, while acknowledging that individual properties may differ. Use the scheme and district context to frame expectations, and avoid assuming outcomes for any single property.

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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%.

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