PENANG VILLAGE

PENANG VILLAGE in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 408.

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 650K, with most transactions falling within a stable range of RM 620K to RM 680K, and a typical market range of RM 620K to RM 680K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 408, with most transactions between RM 372 and RM 443. The usual range is RM 393.50 to RM 421.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 36 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.