KAWASAN PENEMPATAN SEMULA PERMATANG DAMA

KAWASAN PENEMPATAN SEMULA PERMATANG DAMA in Barat Daya, Penang recorded 8 subsale transactions in 2022, with a median price of RM 208K and a median price per square foot (PSF) of RM 261.

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 208K, with most transactions falling within a stable range of RM 178K to RM 238K, and a typical market range of RM 111K to RM 304K.

Most transactions involved cluster house, though some variety exists in the market.

For price per square foot, the median is RM 261, with most transactions between RM 236 and RM 286. The usual range is RM 228.50 to RM 293.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.