PANGSAPURI RIMBUN (B.PULAU)

PANGSAPURI RIMBUN (B.PULAU) in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 113K and a median price per square foot (PSF) of RM 172.

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 113K, with most transactions falling within a stable range of RM 80K to RM 145K, and a typical market range of RM 81K to RM 144K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 172, though individual units vary from RM 122 to RM 221 in the core range. The broader market spans RM 124.00 to RM 219.00, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 50) 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.