R/MURAH JAWI

Area Intelligence

2023

Median Price

RM 180,000

PSF: RM 192

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Residential PSF Trends

Median Price

RM 180,000

PSF: RM 192

R/MURAH JAWI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 192.

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 180K, with most transactions falling within a stable range of RM 170K to RM 216K, and a typical market range of RM 170K to RM 200K.

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

Price per square foot shows a median of RM 192, though individual units vary from RM 152 to RM 232 in the core range. The broader market spans RM 170.50 to RM 213.50, indicating diverse property characteristics. The spread of RM 43.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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R/MURAH JAWI, Seberang Perai Selatan, Penang

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