SUNGAI PINANG RESIDENCE

Area Intelligence
2023
Median Price
RM 529,000
PSF: RM 359

Residential PSF Trends

Median Price

RM 529,000

PSF: RM 359

SUNGAI PINANG RESIDENCE in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 529K and a median price per square foot (PSF) of RM 359.

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 529K, with most transactions falling within a stable range of RM 520K to RM 538K, and a typical market range of RM 520K to RM 538K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 359, with most transactions between RM 353 and RM 365. The usual range is RM 311.63 to RM 406.38, showing that most units are priced quite close to each other. With an IQR of RM 94.75 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.

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.

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SUNGAI PINANG RESIDENCE, Barat Daya, Penang

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Transactions

2 transactions grouped by size

1,450 sqft
Double Storey Terraced
RM 538,000
JALAN PANTAI ACEH
1,475 sqft ยท RM 365 PSF
RM 520,000
JALAN PANTAI ACEH
1,475 sqft ยท RM 353 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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