KRISTAL POINT

KRISTAL POINT in Barat Daya, Penang recorded 14 subsale transactions in 2022, with a median price of RM 505K and a median price per square foot (PSF) of RM 521.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 505K, with most transactions falling within a stable range of RM 208K to RM 802K, and a typical market range of RM 273K to RM 738K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 521, though individual units vary from RM 249 to RM 793 in the core range. The broader market spans RM 437.00 to RM 605.00, indicating diverse property characteristics. A wider spread (IQR: RM 168.00) and deviation (MAD: RM 272) 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.