ONE FORESTA

ONE FORESTA in Barat Daya, Penang recorded 16 subsale transactions in 2023, with a median price of RM 448K and a median price per square foot (PSF) of RM 495.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 448K, with most transactions falling within a stable range of RM 424K to RM 472K, and a typical market range of RM 425K to RM 470K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 495, with most transactions between RM 470 and RM 520. The usual range is RM 470.00 to RM 520.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.