TAMAN DESA JELITA

TAMAN DESA JELITA in Barat Daya, Penang recorded 8 subsale transactions in 2022, with a median price of RM 222K and a median price per square foot (PSF) of RM 317.

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 222K, with most transactions falling within a stable range of RM 165K to RM 485K, and a typical market range of RM 174K to RM 269K.

Most transactions involved flats, with moderate diversity in property types available.

The median PSF stands at RM 317, with core pricing between RM 274 and RM 359. Market pricing typically extends from RM 277.13 to RM 355.88, reflecting moderate variation in unit pricing. With an IQR of RM 78.75 and MAD of RM 42, 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.