TAMAN DESA JELITA

TAMAN DESA JELITA in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 366.

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 230K, with most transactions falling within a stable range of RM 170K to RM 540K, and a typical market range of RM 182K to RM 278K.

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

The median PSF stands at RM 366, with core pricing between RM 309 and RM 423. Market pricing typically extends from RM 326.63 to RM 405.38, reflecting moderate variation in unit pricing. The spread of RM 78.75 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.

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.