MAYANG APARTMENT

MAYANG APARTMENT in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 328.

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 320K, with most transactions falling within a stable range of RM 300K to RM 340K, and a typical market range of RM 303K to RM 338K.

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

For price per square foot, the median is RM 328, with most transactions between RM 307 and RM 349. The usual range is RM 312.88 to RM 343.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.25 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.

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.