KAWASAN PENEMPATAN SEMULA PERMATANG DAMA

KAWASAN PENEMPATAN SEMULA PERMATANG DAMA in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 175K 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 175K, with most transactions falling within a stable range of RM 170K to RM 180K, and a typical market range of RM 170K to RM 180K.

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 250 and RM 272. 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 11, 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.