KAWASAN PENEMPATAN SEMULA PERMATANG DAMA

KAWASAN PENEMPATAN SEMULA PERMATANG DAMA in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 265.

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 200K, with most transactions falling within a stable range of RM 170K to RM 498K, and a typical market range of RM 170K to RM 296K.

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

Price per square foot shows a median of RM 265, though individual units vary from RM 178 to RM 352 in the core range. The broader market spans RM 232.50 to RM 297.50, indicating diverse property characteristics. A wider spread (IQR: RM 65.00) and deviation (MAD: RM 87) indicate significant PSF variations, likely due to diverse property types or conditions.

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.