Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Seri Genting 2
|
RM 420,000
|
RM 320
|
1,313 sqft
|
|
Terrace |
|
Solok Pondok Upeh
|
RM 1,300,000
|
RM 116
|
11,205 sqft
|
|
Bungalow |
|
Lorong Seri Genting 12
|
RM 420,000
|
RM 350
|
1,200 sqft
|
|
Terrace |
|
Lorong Seri Genting 12
|
RM 375,000
|
RM 342
|
1,098 sqft
|
|
Terrace |
|
Lor Seri Genting 6
|
RM 385,000
|
RM 296
|
1,300 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 420,000
RM 320 psfMedian transaction price
6, Pulau Pinang, Malaysia
MapsTaman Pondok Upeh in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 320.
This area contains both residential and commercial properties. View 17 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 375K to RM 780K, and a typical market range of RM 400K to RM 440K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 320, though individual units vary from RM 233 to RM 406 in the core range. The broader market spans RM 300.08 to RM 339.58, indicating diverse property characteristics. A wider spread (IQR: RM 39.50) and deviation (MAD: RM 86) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.